Skip to content
Join our Newsletter

Unemployment rate rises to 8.1 per cent

The city's unemployment rate stood at an estimated 8.1 per cent in January, according to Statistics Canada labour market survey numbers. That's up from 6.
unemployment.17_2162017.jpg

The city's unemployment rate stood at an estimated 8.1 per cent in January, according to Statistics Canada labour market survey numbers.

That's up from 6.4 per cent from the same month last year, although the number of people working rose by 200 to 46,700.

The difference hinges largely on the number of unemployed actively seeking work. That total was 4,100 last month, a 900-person increase. Concurrently, the number of unemployed not seeking work declined by 800 to 21,400.

The employment rate remained the same at 64.7 per cent.

The numbers are based on a three-month rolling average and do not separate part-time from full-time employment.

Moreover, the accuracy of the unemployment rate for last month was plus-or-minus 1.2 percentage points and for January 2015, it was plus-or-minus two percentage points, both 68 per cent of the time.