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Indicator Digest

Unemployment Rate and Employment Change
Unemployment Rate measures the percentage of people that do not have jobs of all the people in the job force. Those people that are discouraged and "are not actively seeking work" are no longer counted. The participation rate tell you what percentage of the work-age population currently has a job.

Main Indicator: Employment Change

Most Recent Release

March
12th, 2010
Actual Forecast Previous Revised Form
20.9K 17.5K 43.0K N/A

For February
Most Current Release: Statistics Canada

Unemp. Rate: 8.2%, pr. 8.3% (Jan), 8.5% (Dec), 8.5% (Nov),
8.6% (Oct), 8.4% (Sep), 8.7% (Aug), 8.6% (Jul), 8.6% (Jun),
8.4% (May), 8.0% (Apr), 8.0% (Mar), 7.7% (Feb), 7.2% (Jan)

Table of Past Data

6/57/108/79/410/911/612/41/82/53/12
Actual-41.8K-7.4K-44.5K27.1K30.6K-43.2K79.1K-2.6K43.0K20.9K
Forecast-34.8K-30.3K-20.0K-20.3K-6.7K10.3K15.3K20.2K15.2K17.5K
Previous35.9K-41.8K-7.4K-44.5K27.1K30.6K-43.2K79.1K-2.6K43.0K
Revised FromN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

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Secondary Indicator: Unemployment Rate

Most Recent Release

March
12th, 2010
Actual Forecast Previous Revised Form
8.2% 8.3% 8.3% N/A

Table of Past Data

6/57/108/79/410/911/612/41/82/53/12
Actual8.4%8.6%8.6%8.7%8.4%8.6%8.58.5%8.3%8.2%
Forecast8.3%8.7%8.8%8.7%8.8%8.4%8.6%8.5%8.5%8.3%
Previous8.0%8.4%8.6%8.6%8.7%8.4%8.6%8.5%8.5%8.3%
Revised FromN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

Past Releases

Employment Change
February
5th, 2010
Actual Forecast Previous Revised Form
43.0K 15.2K -2.6K N/A

For January
Most Current Release: Statistics Canada

Unemp. Rate: 8.3%, pr. 8.5% (Dec), 8.5% (Nov), 8.6% (Oct),
8.4% (Sep), 8.7% (Aug), 8.6% (Jul), 8.6% (Jun), 8.4% (May),
8.0% (Apr), 8.0% (Mar), 7.7% (Feb), 7.2% (Jan), 6.6% (Dec)

From the Release: "Employment increased by 43,000 in January, all in part time, pushing the unemployment rate down 0.1 percentage points to 8.3%. January marks the fourth employment gain in six months. Despite the recent increases, employment still remains 280,000 below the level of October 2008. There were large increases in part-time employment in January, bringing it back to the level of six months earlier. Full-time employment was little changed in January, but has trended up over the last six months."

Unemployment Rate
February
5th, 2010
Actual Forecast Previous Revised Form
8.3% 8.5% 8.5% N/A
Employment Change
January
8th, 2010
Actual Forecast Previous Revised Form
-2.6K 20.2K 79.1K N/A

For December
Most Current Release: Statistics Canada

Unemp. Rate: 8.5%, pr. 8.5%, 8.6% (Oct), 8.4% (Sep), 8.7% (Aug),
8.6% (Jul), 8.6% (Jun), 8.4% (May), 8.0% (Apr), 8.0% (Mar),
7.7% (Feb), 7.2% (Jan), 6.6% (Dec), 6.3% (Nov), 6.2% (Oct)

Unemployment Rate
January
8th, 2010
Actual Forecast Previous Revised Form
8.5% 8.5% 8.5% N/A
Employment Change
December
4th, 2009
Actual Forecast Previous Revised Form
79.1K 15.3K -43.2K N/A

For November
Most Current Release: Statistics Canada

Unemp. Rate: 8.5%, pr. 8.6% (Oct), 8.4% (Sep), 8.7% (Aug),
8.6 (Jul), 8.6% (Jun), 8.4% (May), 8.0% (Apr), 8.0% (Mar),
7.7% (Feb), 7.2% (Jan), 6.6% (Dec), 6.3% (Nov), 6.2% (Oct),
6.1% (Sep), 6.1% (Aug)

From the Release: "Employment rose by 79,000 in November, bringing the unemployment rate down 0.1 percentage points to 8.5%. Despite November's gain, employment was 321,000 (-1.9%) below the peak of October 2008. Full-time employment increased by 39,000 in November, the third consecutive monthly increase. Part-time employment also rose in November (+40,000), following two months of declines."

Unemployment Rate
December
4th, 2009
Actual Forecast Previous Revised Form
8.5 8.6% 8.6% N/A
Employment Change
November
6th, 2009
Actual Forecast Previous Revised Form
-43.2K 10.3K 30.6K N/A

For October
Most Current Release: Statistics Canada

Unemp. Rate: 8.6%, pr. 8.4% (Sep), 8.7% (Aug), 8.6 (Jul),
8.6% (Jun), 8.4% (May), 8.0% (Apr), 8.0% (Mar), 7.7% (Feb),
7.2% (Jan), 6.6% (Dec), 6.3% (Nov), 6.2% (Oct), 6.1% (Sep),
6.1% (Aug)

Unemployment Rate
November
6th, 2009
Actual Forecast Previous Revised Form
8.6% 8.4% 8.4% N/A
Employment Change
October
9th, 2009
Actual Forecast Previous Revised Form
30.6K -6.7K 27.1K N/A

For September
Most Current Release: Statistics Canada

Unemp. Rate: 8.4%, pr. 8.7% (Aug), 8.6 (Jul), 8.6% (Jun),
8.4% (May), 8.0% (Apr), 8.0% (Mar), 7.7% (Feb), 7.2% (Jan),
6.6% (Dec), 6.3% (Nov), 6.2% (Oct), 6.1% (Sep), 6.1% (Aug)

Unemployment Rate
October
9th, 2009
Actual Forecast Previous Revised Form
8.4% 8.8% 8.7% N/A
Employment Change
September
4th, 2009
Actual Forecast Previous Revised Form
27.1K -20.3K -44.5K N/A

For August
Most Current Release: Statistics Canada

Unemp. Rate: 8.7%, pr. 8.6 (Jul), 8.6% (Jun), 8.4% (May), 8.0% (Apr),
8.0% (Mar), 7.7% (Feb), 7.2% (Jan), 6.6% (Dec), 6.3% (Nov),
6.2% (Oct), 6.1% (Sep), 6.1% (Aug), 6.1% (Jul), 6.2% (Jun)

From the Release: "Employment increased by 27,000 in August, led by part-time work and among private sector employees. The unemployment rate edged up 0.1 percentage points to 8.7% as more people participated in the labour market."

The Canadian economy created 27K jobs in August, a figure that was much better than forecasts, which had called for another month of job declines. It's the first month of job growth in four months. The unemployment rate did inch up to 8.7%. The data gives a positive indicator of the Canadian job market, which in turn means that the country may be emerging from its first recession since 1992.

Unemployment Rate
September
4th, 2009
Actual Forecast Previous Revised Form
8.7% 8.7% 8.6% N/A
Employment Change
August
7th, 2009
Actual Forecast Previous Revised Form
-44.5K -20.0K -7.4K N/A

For July
Latest Official Release: Statistics Canada

Unemp. Rate: 8.6%, pr. 8.4% (May), 8.0% (Apr), 8.0% (Mar),
7.7% (Feb), 7.2% (Jan), 6.6% (Dec), 6.3% (Nov), 6.2% (Oct),
6.1% (Sep), 6.1% (Aug), 6.1% (Jul), 6.2% (Jun)

From the Release: "Following little change in June, employment declined by 45,000 in July, with losses in both full- and part-time work. The unemployment rate remained unchanged at 8.6%, as fewer people participated in the labour market."

Unemployment Rate
August
7th, 2009
Actual Forecast Previous Revised Form
8.6% 8.8% 8.6% N/A
Employment Change
July
10th, 2009
Actual Forecast Previous Revised Form
-7.4K -30.3K -41.8K N/A

For June
Current Release: Statistics Canada

Unemp. Rate: 8.6%, forecast 8.7%, pr. 8.4% (May), 8.0% (Apr),
8.0% (Mar), 7.7% (Feb), 7.2% (Jan), 6.6% (Dec), 6.3% (Nov),
6.2% (Oct), 6.1% (Sep), 6.1% (Aug), 6.1% (Jul), 6.2% (Jun)

From the Release: "Employment was little changed in June, leaving total net losses during the last three months at 13,000, much smaller than the 273,000 decline in the first three months of the year. The unemployment rate edged up 0.2 percentage points to 8.6% in June, as more people looked for work.

Full-time employment continued its downward trend in June, offsetting gains in part time. Since employment peaked in October 2008, full-time losses (-454,000) have been only partially offset by part-time gains (+84,000), leaving total employment down by 370,000."

Unemployment Rate
July
10th, 2009
Actual Forecast Previous Revised Form
8.6% 8.7% 8.4% N/A
Employment Change
June
5th, 2009
Actual Forecast Previous Revised Form
-41.8K -34.8K 35.9K N/A

For May
Latest Official Release: Statistics Canada

Unemp. Rate: 8.4%, forecast 8.2%, pr. 8.0% (Apr), 8.0% (Mar), 7.7% (Feb),
7.2% (Jan), 6.6% (Dec), 6.3% (Nov), 6.2% (Oct), 6.1% (Sep), 6.1% (Aug),
6.1% (Jul), 6.2% (Jun)

From the Release: "Following gains in April, employment decreased by 42,000 in May, led by further manufacturing losses in Ontario. The unemployment rate rose by 0.4 percentage points to 8.4%, the highest rate in 11 years. Since the employment peak of last October, employment has fallen by 363,000 or 2.1%. 

In addition to manufacturing losses in May, transportation and warehousing also declined. Public administration was the only industry with a notable employment increase. Employment declines in May affected mostly men and women aged 25 to 54, while there were employment increases among women aged 55 and over.

There were large declines in full-time employment (-59,000) in May, bringing total full-time losses since October to 406,000 (-2.9%). Over the same period, part-time employment has continued to trend up, increasing by 44,000 (+1.4%)."

Unemployment Rate
June
5th, 2009
Actual Forecast Previous Revised Form
8.4% 8.3% 8.0% N/A