The unemployment rate in Canada nudged up a tenth of a percentage point to 5.6 per cent as the economy added 30,300 net new jobs in February, Statistics Canada said Friday. (The Canadian Press)

Canada added 30,300 jobs in February, unemployment rate 5.6%

There were gains in manufacturing, by 16,000 jobs, and a bump of 23,000 jobs in the retail sector

The unemployment rate in Canada nudged up a tenth of a percentage point to 5.6 per cent as the economy added 30,300 net new jobs in February, Statistics Canada said Friday.

The agency said the gain was led by Quebec, which posted its third consecutive month of job gains.

Quebec saw its unemployment rate fall to 4.5 per cent, the lowest level for the province over the past four decades of comparable data.

The agency’s latest labour force survey said most of the gains nationally were in full-time work, where there was an increase of 37,600 positions, while part-time employment declined by 7,300 compared to January.

Young workers saw an increase of 20,000 jobs month-over-month, mostly for those aged 20 to 24, but the cohort’s unemployment rate didn’t change from 10.3 per cent.

ALSO READ: Bank of Canada cuts key rate to 1.25% amid coronavirus concerns

While there were gains for young workers, employment for the core of Canadian workers who are aged 25 to 54 as well as those over 55 held steady for a third consecutive month in February.

The agency said there were gains in manufacturing, by 16,000 jobs, and a bump of 23,000 jobs in the retail sector. Those gains were offset by 15,000 fewer people working in professional, scientific and technical services in February, concentrated in Ontario, and 13,000 fewer jobs in the accommodation and food services sector.

Compared with a year earlier, the overall numbers show Canada added 245,000 jobs, an increase of 1.3 per cent, which was largely driven by gains in full-time work.

Average hourly wages increased to $28.66 from $27.54 for all workers 15 years and older compared with the same month in 2019, for an increase of about 4.1 per cent.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Alberta’s new sport fishing regulations include more harvesting opportunities

The 2020 regulations feature more opportunities for recreational fishing and online licences

Sylvan Lake photographer captures family life from the front steps

Deb McNeil is taking porch portraits to share the uniqueness of families during COVID-19

TC Energy enlists Alberta to help finish US$8-billion Keystone XL project

Alberta government has agreed toinvest about US$1.1 billion (C$1.5 billion) as equity in the project

Sylvan Lake’s Flags of Remembrance ceremonies cancelled due to pandemic

The flags will fly along the lake and Highway 11 under the name “Flags of Unity”, Sept. 12-Nov. 12

A message from the publisher

Consider a voluntary subscription to Sylvan Lake News

Online fishing program available for free

Albertans can educate themselves about the sport

Alberta Health Services provides COVID-19 prevention tips

Ways to keep you and your family safe

UPDATE: Anti-tax group calls for MPs, senators to donate scheduled pay raises to charity

Bill C-30, adopted 15 years ago, mandates the salary and allowance increases each calendar year

US death toll eclipses China’s as reinforcements head to NYC

New York was the deadliest hot spot in the U.S.

The latest numbers on COVID-19 in Canada

101 deaths COVID-19 deaths so far

Most Read