Market news
06.04.2018, 12:40

Canadian employment increased by 32,000 in March, driven by full-time gains. The unemployment rate was unchanged at 5.8%.

In the first quarter of 2018, employment edged down (-40,000 or -0.2%), as a result of a decrease in January. Over the longer term, employment has been on an upward trend since the second half of 2016.

On a year-over-year basis, total employment rose by 296,000 (+1.6%), with the number of full-time workers increasing by 335,000 (+2.3%). Over the same period, total hours worked grew by 2.2%.

In March, among the core-aged population (25 to 54 years old), employment increased for women and decreased for men. At the same time, employment was up for youth aged 15 to 24, and was little changed for people 55 years and older.

Employment was up in Quebec and Saskatchewan, while there was little change in the other provinces.

There were more people working in construction, public administration and agriculture.

The number of public sector employees edged up, while the number of private sector employees and self-employed held steady.

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