CANADA UNEMPLOYMENT RATE
Unemployment Rate in
Canada decreased to 7.10 percent in August of 2013 from 7.20 percent in July of
the same year. Unemployment Rate in Canada is reported by the STCA - Statistics
Canada from 1966 until 2013.
Canada Unemployment
Rate averaged 7.8 percent reaching an all-time high of 13.1 percent in December
of 1982 and a record low of 2.9 percent in June of 1966. In Canada, the
unemployment rate measures the number of people actively looking for a job as a
percentage of the labor force. In August of 2013,
employment increased by 59,000 mainly in part-time works and the jobless rate
declined 0.1 percentage points to 7.1 percent. Over the six months to August,
employment gains averaged 12,000 per month, lower than the average of 29,000
observed during the preceding six-month period. The employment and unemployment
rates are measures of the economy’s strength.
Today the 11th
of October 2013 at GMT 1:30 P.M. is the time to declare the unemployment rate
for September 2013, which expected to stay on the same level of 7.1 percent
same as August 2013.
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