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Canadian Unemployment at 7.1%

July 11 2014 - Statistics Canada reported that employment changed little in June but unemployment rose by 0.1% to 7.1% as more people joined the job market. Employment is up by 72,000 compared with a year ago - the lowest level of increase since February 2010. Manitoba, New Brunswick and Prince Edward Island gained in employment in June while Ontario and Newfoundland and Labrador had losses, with little change elsewhere. Interestingly, Statistics Canada stated that the unemployment rate would be 6.1% (as in the USA) if the index was calculated in the same way as the US.

Seasonally adjusted, unemployment rates vary from 12.5% (Newfoundland and Labrador) to 3.9% (Saskatchewan).

Rates for all the provinces were (previous month in brackets):

  • Newfoundland and Labrador 12.5% (12.7%)
  • Prince Edward Island 9.8% (12.2%)
  • Nova Scotia 8.7% (8.9%)
  • New Brunswick 9.6% (10.2%)
  • Quebec 8.1% (8.0%)
  • Ontario 7.5% (7.3%)
  • Manitoba 5.4% (5.5%)
  • Saskatchewan 3.9% (3.7%)
  • Alberta 4.9% (4.6%)
  • British Columbia 6.2% (6.1%)

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