Statistics Canada reported today that the jobless rate stayed at 6.2 % during the month, tying an almost nine-year low dating back to October 2008.
Canada’s economy added 10,000 jobs last month, about what economists were expecting, as a surge in full-time work was offset by a loss of part-time positions.It was the tenth month in a row that the economy added jobs. That’s the longest streak of monthly job gains since 2009, the beginning of the financial crisis.
Much of the gains came in Ontario, which added 35,000 jobs. Every other province either added a small number of jobs or lost a few thousand, led by Alberta (7,800 jobs), while Quebec lost 7,600 and British Columbia lost 6,700.
The job surge pushed Ontario’s jobless rate down to 5.6 %, its lowest since the height of the tech boom in 2000.
British Columbia’s jobless rate remained the lowest in the country, however, 4.9%