Canada's unemployment rate steady, despite more jobs

Dec 19 2017, 4:43 pm

Canada’s unemployment rate has remained steady at 6.8% for the past six months, despite the addition of 6,600 jobs nationally, says Statistics Canada.

The only demographic that saw an increase in employment was men aged 25-54. All other demographics were unchanged.

Over the past year, however, employment increased by 161,000 as the result of more full time work.

The number of self-employed people increased by 41,000 in July. Industries that saw an increase in employment were professional, scientific and technical services, which saw 19,000 more people employed.

Employment fell by 10,000 in real estate, finance and insurance.

Less post-secondary students are working during the summer now, with 21,000 fewer jobs compared to this time last year.

Not much changed for British Columbia with numbers remaining consistent across the board, while our neighbours to the east in Alberta saw an increase in unemployment by 1.5% since January.