facebook
twitter
rss
account
search
search
 

Canada's jobless rate up to 7.4 percent

Oct. 5, 2012 at 9:50 AM   |   Comments

OTTAWA, Oct. 5 (UPI) -- Canada's unemployment rate edged up on a monthly basis to 7.4 percent in September, Statistics Canada reported Friday.

Despite the 0.1 percent monthly jobless increase, 7.4 percent more people entered, or re-entered the work force, the agency said.

On an annual basis, employment was up 1 percent, or 175,000 jobs, the agency said.

The number of self-employed people increased by 34,000 in September, although "year-over-year gains in total employment were primarily among private sector employees," StatsCan said.

The province of Quebec surpassed the national average with an 8 percent September unemployment rate, which the agency attributed to a surge in people re-entering the labor pool.

© 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.
Most Popular
1
Russian currency crashes Russian currency crashes
2
Navy tests MQ-8C unmanned helos Navy tests MQ-8C unmanned helos
3
New submarine set for commissioning New submarine set for commissioning
4
SM-6 long-range interceptors on target in U.S. Navy test SM-6 long-range interceptors on target in U.S. Navy test
5
Sweden plans to replace its Defense and Security Export Agency Sweden plans to replace its Defense and Security Export Agency
Trending News
Around the Web
x
Feedback