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City's unemployment rate six per cent in January

The city's unemployment rate stood at six per cent in January, according to Statistics Canada labour market survey numbers. That's down from seven per cent for the same month last year.
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The city's unemployment rate stood at six per cent in January, according to Statistics Canada labour market survey numbers.

That's down from seven per cent for the same month last year. However, at 49,300 more people were holding down jobs at that time, compared to 45,800 for this past January.

As well, a year ago 3,700 people were looking for jobs while 19,400 were not participating, for an employment rate of 68 per cent, compared to 2,900 seeking work and 24,100 not participating for a 62.9-per-cent employment rate last month.

The unemployment rate for last month is accurate to within plus or minus one percentage point, 68 per cent of the time. The rate for last year was accurate to within plus or minus 1.1 points.

As well, the figures do not separate part-time from full-time employment.