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Job Report in Canada, February 2018 – Employment was little changed (+15,000) and unemployment at 5.8%

Employment was little changed in February (+15,000). The unemployment rate declined by 0.1 percentage points to 5.8%.

On a year-over-year basis, employment grew by 283,000 or 1.5%. All of this increase was attributable to gains in full-time work (+283,000 or +1.9%), while part-time employment was unchanged. Over the same period, hours worked rose by 3.2%.

Employment increased in New Brunswick and Nova Scotia, while it decreased in Saskatchewan. There was little change in the other provinces.

Employment gains were observed in several industries, led by health care and social assistance. At the same time, employment declined in a number of other industries, including wholesale and retail trade, and manufacturing.

The number of employees increased in the public sector, while it held steady in the private sector. The number of self-employed workers decreased.

Unemployment rate

Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Labour Force Survey, February 2018


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