Thomas unemployment rate rises to 6.7% in February

London-St. Thomas unemployment rate rises to 6.7% in February

National jobless rate drops back to its four-decade low

January's unemployment rate went down two tenths of a point from December's revised rate of 4.9 percent.

Nationally, the economy added 15,400 net new jobs last month as the unemployment rate slipped to 5.8 per cent.

The report says the gains in jobs were due to a surge of part-time positions that offset a drop in full-time employment.

Statistics Canada's latest labour force survey also says the job gains in February were driven by an increase of 50,300 in public-sector jobs.

London's jobless rate was 5.9%, down from 6% posted a month ago.

Quebec has added 74,000 jobs over the past year, according to Statistics Canada.

The rate for Medicine Hat - Lethbridge was 6.9 per cent, an increase of three tenths of a point. Overall, the provincial rate is down on a year-over-year basis from 8.2 per cent in February 2017.

Only Victoria saw an unemployment hike in the province last month with a half-percent jump to 4.4 per cent from 3.9 in January.

Cooper said the February reading won't set off inflation warnings for the Bank of Canada, which noted this week that wage growth is still below what it considers a normal level for an economy without labour market slack.

The mixed nature of the data is likely to reinforce the Bank ofCanada's cautious stance on interest rates after it stayed on the sidelines on Wednesday. Over the past 12 months, Ontario's jobless rate has fallen by almost a full percentage point.

Government employment in OH increased by 3,200 jobs in January.

2,400 people entered the labour force while an extra 500 people claimed unemployment.

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