Job Report in Canada, February 2020 – Employment was little changed (+30,000)

Employment was little changed in February (+30,000 or +0.2%), and the unemployment rate increased by 0.1 percentage points to 5.6%.

Compared with 12 months earlier, employment rose by 245,000 (+1.3%), the result of gains in full-time work (+252,000 or +1.6%). Over the same period, hours worked were up 2.3%, partly due to the fact that hours worked were at a relatively low level in February 2019.

Chart – Unemployment rate

Chosen excerpts by Job Market Monitor. Read the whole story @ The Daily — Labour Force Survey, February 2020