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Canada added more jobs in February than expected.
15 March 2010
Canada adds 20,900 new jobs in February
Canada added more jobs in February than economist expected, bringing the unemployment rate down one basis point to 8.2 per cent.
Canada had a net gain of 20,900 people finding work in February, Statistics Canada said Friday, far exceeding the expectation of a gain of about 15,000 jobs.
Douglas Porter, deputy chief economist with BMO Capital Markets, called the February results "impressive".
Demographically, the net employment growth came from men 55 and older and the public sector where the head count grew by 46,000.
Statistics Canada said work in Canada among men and woman 55 or older has been growing steadily for many years.
Since last July, Canada has seen 159,000 more people working, Statistics Canada said.
Employment gains were seen in provinces such as British Columbia, Nova Scotia and Saskatchewan, with little change seen in Ontario and Quebec. Alberta was the only province with a "notable employment loss".
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