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Canada's unemployment rate at 7.3 percent

May 11, 2012 at 9:31 AM   |   Comments

OTTAWA, May 11 (UPI) -- Canada's unemployment rose 0.1 percent to 7.3 percent in April, Statistics Canada reported Friday.

The monthly increase came despite a gain of 58,000 jobs in April, mostly in full-time work, the agency said.

On an annual basis, employment was up 1.2 percent, or 214,000 jobs.

Employment was up in construction, manufacturing, natural resources and agriculture while it declined in public administration, StatsCan said.

"Employment among those aged 55 and over continued on an upward trend, up 26,000 in April," the report said. "Compared with 12 months earlier, employment among men and women of this age group increased 5.5 percent, partly the result of population aging."

There was little change in employment for youth under the age of 25, the agency said.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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