Windsor unemployment rate increases slightly

Mae Love
May 12, 2018

Statistics Canada says 3,800 jobs were added in London last month as the labour force rose by 2,200 and the number of people claiming unemployment fall by 1,600. But don't expect the central bank to raise interest rates just yet.

Nationally, the jobless rate held steady at 5.8 per cent.

Windsor's numbers are in line with the national average of 5.8 per cent for April - "essentially unchanged" from March, said Statistics Canada.

Statistics Canada says Canadians are getting paid more.

Stats Canada says wages grew at the fastest rate in almost six years last month, rising 3.6 per cent compared to April of last year. The next scheduled rate announcement is May 30.

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Still, economists said the details of the report were encouraging, with full-time jobs rising and an acceleration in wage growth supporting expectations of another rate increase in July.

Overall, the decline in jobs last month was so small the federal agency did not consider it statistically significant. The percentage of people employed has increased over the past year.

By industry, the construction sector lost 18,900 jobs, while the trade sector, which includes retail and wholesale jobs, shed 22,100. The labour force participation rate for youth slipped to 63.4 per cent from 63.8 per cent. Services sectors, meanwhile, created 14,800 jobs following big increases in professional, scientific and technical services as well as accommodation and food services.

The increase was due to gains in full-time employment, up 378,000, while part-time work declined by 100,000 jobs, according to the agency.

Across B.C., unemployment was at 5 per cent for April, down from 5.4 per cent at this time past year.

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