Unemployment Rate Canada
June 11, 2011 by staff
Unemployment Rate Canada, The unemployment rate fell sharply in the national capital region in May, according to figures released Friday by Statistics Canada. Job creation in professional services, retail and construction more than offset by the loss of 5,300 jobs in the civil service employment compared to April. In total, the region gained 3,300 jobs in May, for a total of 695,400 jobs – even the record of 703,700 employees in July.
The gains in employment, combined with only a marginal increase in the labor force in the region, meant the unemployment rate fell to Ottawa-Gatineau 6.1 percent in May compared to 6.4 percent in April (adjusted seasonally).
This compares with a national unemployment rate of 7.4 percent in May, compared to 7.6 percent in April.
Within the national capital region, the economy of Ontario on the side of the river is somewhat stronger, with an unemployment rate of 5.9 percent in May (from 6.3 percent in April). On the Quebec side, the unemployment rate in May was 6.6 percent (up from 6.8 percent in April).
The big story of recent months has been a sharply declining number of jobs in public administration.
The region lost 5,300 of these jobs last month, to produce a total of 164,800. (These figures are not seasonally adjusted). That’s down from 177,300 as recently as February.
However, the totals are still more or less the same as they were a year ago – and 28 percent higher than in early 2006, when the Conservatives returned to power.
The creation of employment for those who provide professional services almost perfectly offset losses in the public sector.
Employment in professional services – including specialists in information technology often working under contract to the government – April 5900 to May jumped to reach 68,400.
That was an increase of almost 10 percent and was the fourth consecutive month of gains. However, the sector employed about the same in Ottawa-Gatineau, as it did a year ago.
High-tech employment in May rose by 1,700 jobs compared to April, for a total of 45,400. This suggests that the sector may finally be returning to stability. There were 45,100 technology workers in May 2010.
Nationally, Statistics Canada said 22,300 jobs were added during the month.
Economists had expected 20,000 jobs were created in May, unchanged from the rate of unemployment.
“Employment increased in Quebec, Alberta and Saskatchewan, in May. At the same time, employment declined in Newfoundland and Labrador, while there was little change in other provinces,” said the federal agency.
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