The Canadian economy added 30,000 more jobs in February. Those are the latest numbers from Statistics Canada in this morning’s Labour Force Survey. Those new opportunities weren’t enough to make a serious dent in overall employment nation wide.
In fact, the national unemployment rate ticked up to 5.6 per cent as more people entered the workforce.
That is still a very low level of joblessness as the historic lowest level ever recorded since Stats Can began tracking the data is just 5.4 per cent.
Most of our paycheques were bigger year-over year. The average Canadian hourly wages rose to $28.66, up from $27.54 over the same time in 2019. This an increase of about 4.1 per cent.
For more on how much we are earning right now, here is a look at the latest Canadian wages by region and industry.
There were employment increases noted in Quebec, Alberta, Nova Scotia and Manitoba in February. Little change was observed in the other provinces.
In New Brunswick, the unemployment rate fell 0.6 percentage points in February to 6.9 per cent – down from the 7.5 per cent we saw at the start of the year.
Unemployment rate by province
(and open jobs on CareerBeacon)
Newfoundland and Labrador 11.9 per cent [View jobs in NL]
Prince Edward Island 8.0 per cent [Jobs in PEI]
Nova Scotia 7.8 per cent [Jobs in Nova Scotia]
New Brunswick 6.9 per cent [Available jobs in New Brunswick]
Quebec 4.5 per cent [See jobs in Quebec]
Ontario 5.5 per cent [Job opportunities in Ontario]
Manitoba 5.0 per cent [Jobs in Manitoba]
Saskatchewan 6.2 per cent [Jobs in Saskatchewan]
Alberta 7.2 per cent [Available jobs in Alberta]
British Columbia 5.0 per cent [See jobs in B.C.]
To explore the most recent results from the Labour Force Survey in an interactive format, visit the new interactive app from Stats Can.