Canada – July 2014 Job Report – Overall employment unchanged, unemployment at 7.0%

Overall employment was unchanged in July, as gains in part-time work were offset by losses in full time. A decline in the number of people searching for work pushed the unemployment rate down 0.1 percentage points to 7.0%.

In the 12 months to July, employment increased by 115,000 or 0.7%, with all the growth in part-time work. The total hours worked were unchanged compared with July 2013.

Chart 1 Employment

Employment increased among youths aged 15 to 24 in July, while it fell among people aged 55 and over.

Provincially, employment increased in Newfoundland and Labrador as well as Manitoba, while it declined in New Brunswick. There was little overall employment change in the other provinces.

In July, there were more people employed in educational services and in information, culture and recreation. At the same time, employment declined in construction as well as health care and social assistance.

Adjusted to the concepts used in the United States, the unemployment rate in Canada was 6.0% in July, compared with the US rate of 6.2%.

Chart 2 Unemployment rate

Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Labour Force Survey, July 2014.