Victoria near lowest unemployment rate in Canada last month, Stats Canada

The participation rate of women in the workforce rose in February Statistics Canada said

The participation rate of women in the workforce rose in February Statistics Canada said

The national unemployment rate did not change either January to February, although the economy added another 56,000 net jobs, mostly full-time, and the bulk of them in Ontario. In an economy with more than half a million vacant jobs, many seem to be finding work. Canada's economic growth slowed sharply in the fourth quarter of 2018 on plunging Canadian crude export prices.

"We're going to continue to do stuff like this to generate more employment, to continue to invest in infrastructure generally and continue to fight to get the pipeline to tidewater in order to build that level of investor confidence that will move us forward".

Statistics Canada says the unemployment rate for the Grande Prairie-Peace River-Banff-Jasper-Rocky Mountain House region stood at 5.1 percent last month, up from 4.8 per cent in January.

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On Wednesday, the Bank of Canada acknowledged it was surprised by the extent of the weakness in last week's report. The sector employed 43,400 people in February, according to Statistics Canada, up from 42,500 a month earlier - its sixth consecutive month of gains. For the third time in four months, the number of positions increased notably.

Part-time job losses of 11,600 were offset by an increase of 67,400 full-time jobs. The private sector led the way, adding 31.8k net positions, while the public sector added 8.8k. In particular, it focuses on a reading called "wage common", which incorporates payroll data from several sources, not just from the labour force survey.

In addition, the Ontario Government said in a release that Kitchener-Waterloo-Barrie has the largest employment growth year-over-year across the province at seven per cent growth.

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"Continued strength in job creation, especially full time, alongside recovering wage growth will help support income and spending growth this year", Alicia Macdonald, principal economist for The Conference Board of Canada, wrote in a research note.

Within the province, the highest unemployment rate in February was 16.5 per cent, in the region that includes Campbellton and Miramichi. For the third consecutive month, Ontario and Quebec drove the overall gains, with little marked movement in the other provinces. It was 6.8 per cent in January.

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