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Canadian Job Growth Slowed, Unemployment Rate Edged Up in March


Ottawa - The Canadian economy added 14,600 jobs in March, but a wave of new entrants into the labour market tightened the unemployment rate grew by 0.2 percentage points to 6%, Statistics Canada reported Friday.

The character was the creation of jobs, in line with the consensus analyst estimate 15,000, but also the additional visibility, and 43,300 in January-February 46400. Over the past 12 months, employment in Canada grew by about 325000, or 1.9%.

Everything arrived in March to force part-time work, a segment that saw 34,200 new jobs, while 19,600 full-time jobs have disappeared.

Year-over-time during the year of wage growth remains high in March of 4.7%.

Job creation has been formally by the addition of more than 57000 new entrants to the labour force. The participation rate, actions, the percentage of Canadians aged 15 and over, workplaces or seeking employment rose to its highest level disks in March to 68%.

In the processing industry lost other positions in March 9400 and is now more than 113,000 yoy. The goods sector production as a whole a net job, in particular through the creation of 9600 jobs during the construction of the month.

The service sector output was employed in March 6800, with profits in the transportation and warehousing, business, building and other support services and accommodation and meals . Information, culture and recreation, and the finance, insurance, real estate and leasing homeless of all jobs in March.

Alberta and British Columbia were the only two provinces with an offer great benefits in the month. B.C. Added nearly 15,000 jobs in March, but an increase in the labour force participation has pushed the unemployment rate to 4.3%. Alberta added nearly 10000 jobs, in terms of employment grows over the 2 million mark for the first time on disk. The unemployment rate in the province was a check of 3.4%.

After a strong performance in February, the Ontario net loss of 1,800 jobs last month, as part-time employees has increased by 22,700 and 24,500 full-time positions were lost. Ontario’s unemployment rate for the month rose 0.3 percentage points to 6.4%.

Quebec net loss of jobs in March 7500, with part-time jobs and 14,800 full-time and 22,300 descendants, and their unemployment rate has risen to 7.3%.

Older workers, at the age of 55, continue to find a job in March. The segment of older workers increased by 24000 jobs month over month and in the past 12 months has had an annual growth rate of 7.8%, well above the increase of +0.9% to ‘nuclear age (25-54), workers.

StatsCan’s report showed that in the first three months of 2008, employment growth strongest in the private sector (+1.2%) than in the public sector (+0.3%)



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