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- Canadian unemployment rate declined 0.1% to 6.2% last month
Canadian unemployment rate declined 0.1% to 6.2% last month
Employment was essentially unchanged in September (+10,000 or +0.1%). The unemployment rate remained at 6.2%, matching the low of October 2008.
Gains in full-time employment (+112,000) in September were mostly offset by declines in part time (-102,000). In August, there was a decline in the number of people working full time and an increase in part time.
In the 12 months to September, employment rose by 320,000 (+1.8%), spurred by gains in full-time employment (+289,000 or +2.0%). Over this period, the number of hours worked increased by 2.4%.
Overall employment grew by 43,000 (+0.2%) in the third quarter, slower than the 0.6% growth rate in the second quarter and the 0.5% growth rate of the first quarter of 2017.
From August to September, employment increased for people aged 55 and older, while it fell among men aged 25 to 54.
For the second consecutive month, Ontario was the lone province with a notable employment gain. There were employment declines in Manitoba and Prince Edward Island.
More people worked in educational services as well as wholesale and retail trade in September, while employment fell in information, culture and recreation.
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