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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.
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