Saturday, July 9, 2011

June 2011 Unemployment Rate

Employment rose for the third consecutive month, up 28,000 in June. The unemployment rate was unchanged at 7.4% as the number of people participating in the labour market increased. Over the past 12 months, employment has grown by 238,000 (+1.4%).

Employment was up in transportation and warehousing in June, while it fell in professional, scientific and technical services. There was little change in the other industries.

Increases in the number of employees working in the public and private sectors were tempered by a decline in the number of self-employed. Over the past 12 months, public sector employment rose by 2.5%, private sector employment was up 1.5%, while the number of self-employed was little changed.

Ontario, Alberta and Nova Scotia posted employment gains in June, while there were declines in Quebec as well as Newfoundland and Labrador. Employment was little changed in the other provinces.

The bulk of June's employment increase occurred among women aged 25 to 54.

Compared with 12 months earlier, the unemployment rate for students aged 17 to 19 was down in June, while it was little changed for students aged 20 to 24.

Unemployment in Peterborough

Peterborough area had the highest unemployment rate in the country last month at 10%, despite an additional 40,000 jobs in the province and a 0.2% dip in the provincial unemployment rate to 7.7%.

The Peterborough census metropolitan area's unemployment rate increased slightly to 10% in June from 9.9% in May, Statistics Canada's Labour Force Survey shows.

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Constantine Isslamow | Broker of Record

CENTURY 21 United Realty Inc. Brokerage
387 George Street South, P.O. Box 178
Peterborough Ontario. K9J 6Y8
Direct Line: 705.743.4444 | Fax: 705-743.3702

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