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Canada: Unemployment rate rose 0.1 percentage

Canada: Unemployment rate rose 0.1 percentage

India Blooms News Service | | 09 Apr 2017, 05:43 pm
Toronto, Apr 9 (IBNS): Employment in Canada has little changed in March (+19,000 or +0.1%), while the unemployment rate rose 0.1 percentage points to 6.7% as more people searched for work, said Statistics Canada website.

In the first quarter of 2017, employment gains totalled 83,000 or 0.5%.

This growth is comparable to the last quarter of 2016 (+91,000 or +0.5%) and notably higher than the first quarter of 2016 (+36,000 or +0.2%), read the Statistics Canada website.

Compared with 12 months earlier, employment increased by 276,000 (+1.5%), mostly in full-time work. Over the same period, the total number of hours worked rose 0.7%.

 

(Reporting by Asha Bajaj,Image: Wikimedia Commons)