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Canadian Unemployment at 6.8%

April 5 2024 - Statistics Canada reported that employment fell by 2,200 in March but the unemployment rate rose by 0.3% to 6.1% as more people looked for work due to population growth. Employment rose in Ontario but fell in Quebec, Manitoba and Saskatchewan. There was little change elsewhere.

The unemployment rate had fallen to 4.9% in June and July 2023 - the lowest since records began in 1976. It had reached 13.7% at its worst in May 2020, compared with 5.6% in February 2020.

Seasonally adjusted, unemployment rates vary from 10.1% (Newfoundland and Labrador) to 4.5% (Manitoba). (Quebec).

Rates for provinces were (previous month in brackets):

  • Newfoundland and Labrador 10.1% (10.2%)
  • Prince Edward Island 7.4% (7.0%)
  • Nova Scotia 6.2% (6.0%)
  • New Brunswick 7.8% (6.9%)
  • Quebec 5.0% (4.7%)
  • Ontario 6.7% (6.5%)
  • Manitoba 5.0% (4.5%)
  • Saskatchewan 5.4% (5.0%)
  • Alberta 6.3% (6.2%)
  • British Columbia 5.5% (5.2%)





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