Unemployment Falls Again in Canada in August Due to Part-Time Work

The unemployment rate fell 0.1 percentage point in August to 6.2%, its lowest level since October 2008.

According to Statistics Canada, this new drop in unemployment in the country is mainly due to the creation of 22,200 new jobs in Canada, mainly part-time in the last month.

This is the ninth consecutive month in which a decline in the national unemployment rate has occurred. A sequence that had not been observed in the country for nine years is October 2008.

Over the past 12 months, employment grew by 2.1% in Canada, or 374,000 new jobs.

This increase was observed both in full-time work, where 213,000 jobs (+1.5%) were created, and part-time work increased by 161,000 (+4, 6%).

The number of hours worked also increased by 2.2% over the period, Statistics Canada noted.

Unemployment declines in Ontario, Quebec falls back above 6%

Overall, the unemployment rate remained relatively stable in August in the provinces except Ontraio where the creation of 31,000 new jobs dropped the index by 0.4 percentage point to 5.7% .

In Quebec, after a historic low of 5.8% last July, the unemployment rate rose to 6.1% in August, an increase of 0.3 percentage points.

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About the Author: Marcus Suban

Marcus is a reporter on the Political Capital team focusing on money in politics. Before joining Canadian Business Tribune, he worked as a researcher and writer for the Institute for Northern Studies at Lakehead University in Thunder Bay Ontario and as a freelance journalist in Toronto, having been published by over 20 outlets including CBC, the Center for Media and Democracy,The Huffington Post, Salon, Truthout and VICE.com.

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