facebook
twitter
search
search

Canada's jobless rate at 7.4 percent

March 9, 2012 at 9:55 AM

OTTAWA, March 9 (UPI) -- Canada's unemployment rate dipped 0.2 percent to 7.4 percent in February, largely because fewer people were looking for jobs, Statistics Canada said Friday.

On an annual basis, the number of full-time workers was up 1.5 percent, or 204,000 jobs, while part-time employment declined by 2.5 percent, or 83,000 jobs, the report said.

By sector in February, job numbers fell in retail and wholesale trade; transportation and warehousing; health care and social assistance; and public administration.

"These declines were offset by increases in finance, insurance, real estate and leasing; educational services; and business, building and other support services," StatsCan said.

Among the 10 provinces, New Brunswick had the highest unemployment increase, up 0.6 percent points to 10.1 percent, the report said.

"The number of people working in Alberta was little changed in February, and the unemployment rate was 5 percent," the agency said.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Bleak outlook for oil has Russian investors pulling back
Shoot-from-the-hip, around corner sighting capability unveiled
Rhode Island to get offshore wind farm
Oil prices off slightly after China stock market decline
Airbus Helicopters announces factory acceptance of training aircraft