Published: Sat, March 10, 2018
Medical | By Garry George

Slight Increase In Windsor's Unemployment Rate

Slight Increase In Windsor's Unemployment Rate

In Calgary, however, the unemployment rate rose slightly to 7.9 per cent in February from 7.6 per cent in January. The jobless rate has only fallen to 5.8 per cent twice during that time, once in 2007 and again in December.

Labour participation has remained virtually the same since a year ago. In January 2017, the state's unemployment rate was 5.2%.

The numbers are in and Windsor's unemployment rate has notched up a few points.

According to Statistics Canada's monthly data dump, the gains come heavily on the back of part-time work, offset by a decline in full-time employment, and mostly in the public sector.

For February, the report also found that average hourly wage growth, which has been scrutinized by the Bank of Canada ahead of interest-rate decisions, stayed solid at 3.1 per cent.

Bank of Canada Deputy Governor Timothy Lane said on Thursday the central bank is not on a preset course regarding interest rates, adding it will view future rate moves cautiously and assess incoming data.

By industry, the goods-producing sector shed 10,400 positions last month, led by a decline of 16,500 jobs in manufacturing, while the services industries added 25,900 jobs.

"This is about as close to neutral a jobs report can get inCanada ..." Although there was a loss of full-time jobs last month, over the year full-time employment has increased by 1.9 per cent.

According to the Bank of Canada's calculations, the national and productivity accounts showed wage inflation below the labour-force survey's 3.1 per cent growth.

The country lost 39,300 full-time jobs and generated 54,700 part-time positions last month, the report said.

The unemployment rate in Northeast B.C. moved above 4 percent in the second month of 2018.

The province gained a total of 2,300 jobs compared to last month.

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