Canada s employment holds steady in Feb


Ottawa, March 11 : Canada's employment held steady in February following two consecutive monthly increases and the unemployment rate was unchanged at 5 per cent, the national statistical agency said. Statistics Canada said on Friday that employment grew in healthcare and social assistance, public administration, and utilities, reports Xinhua news agency. At the same time, fewer people worked in business, building and other support services, it added. Total hours worked rose 0.6 per cent in February and were up 1.4 per cent on a year-over-year basis. Average hourly wages rose 5.4 per cent on a year-over-year basis in February, compared with 4.5 per cent in January, according to the national statistical agency. The employment rate, the percentage of people aged 15 and older who are employed, was 62.4 per cent in the month, down 0.1 percentage points from the recent high observed in January. The rate in January was the highest since May 2019, Statistics Canada said. The unemployment rate remained near record low at 5 per cent in February. There were just over 1 million unemployed persons in the country in February, virtually unchanged from January, Statistics Canada said. /IANS




Related

Shiv Sena BJP seal package deal for alliance in all future state polls
[Britain's Prime Minister Rishi Sunak onboard Border Agency cutter HMC Seeker during a visit to Dover, England, Monday, June 5, 2023 ahead of a press

Oppn unity meet likely to be rescheduled to June 23
Patna, June 5 : The Opposition unity meeting originally scheduled for June 12 is likely to be deferred to June 23 owing to unavailability of senior pa

Telangana tops in environmental performance, KTR hails CSE ranking
Hyderabad, June 5 : Telangana has been ranked in the top in terms of overall environmental performance in the annual report of the Centre for Science

Sharing