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Canada sees little employment growth in last year | Canada sees little employment growth in last year |
(35 minutes later) | |
The Canadian economy shed 29,000 jobs in April while the unemployment rate remained flat at 6.9%, according to Statistics Canada. | The Canadian economy shed 29,000 jobs in April while the unemployment rate remained flat at 6.9%, according to Statistics Canada. |
However, the number of people working rose 0.8% from a year earlier, split between full- and part-time workers. | However, the number of people working rose 0.8% from a year earlier, split between full- and part-time workers. |
Employment fell in Newfoundland and Labrador, Quebec and New Brunswick but rose in Saskatchewan. | Employment fell in Newfoundland and Labrador, Quebec and New Brunswick but rose in Saskatchewan. |
Since August 2013, the Canadian economy has seen little overall employment growth, according to the report. | Since August 2013, the Canadian economy has seen little overall employment growth, according to the report. |
And labour force participation fell to 66.1% from 66.5% in April 2013. | And labour force participation fell to 66.1% from 66.5% in April 2013. |
This is attributed mainly to a decline in the participation rate of people aged 25-54, the group most likely to be in the labour market. | This is attributed mainly to a decline in the participation rate of people aged 25-54, the group most likely to be in the labour market. |
Quebec employment fell by 32,000 jobs in April, while in Newfoundland and Labrador it declined by 3,300. | Quebec employment fell by 32,000 jobs in April, while in Newfoundland and Labrador it declined by 3,300. |
New Brunswick saw 5,400 fewer people working in the same period, while Ontario's unemployment rate remained flat at 7.4%. | New Brunswick saw 5,400 fewer people working in the same period, while Ontario's unemployment rate remained flat at 7.4%. |
Saskatchewan had 3,000 more people employed last month, hitting a 3.4% unemployment rate - the lowest in the province since 1976. | Saskatchewan had 3,000 more people employed last month, hitting a 3.4% unemployment rate - the lowest in the province since 1976. |
The prairie province's economy is booming because it lies atop the Bakken oil field, a large patch of petroleum that straddles the US border, Nelson Wiseman, a political scientist at the University of Toronto, told the BBC. | The prairie province's economy is booming because it lies atop the Bakken oil field, a large patch of petroleum that straddles the US border, Nelson Wiseman, a political scientist at the University of Toronto, told the BBC. |