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Ottawa jobless rate nudges up
The jobless rate for Ottawa-Gatineau increased in September for the first time in seven months, albeit marginally, thanks to a decline of 2,900 jobs. Nevertheless, the region's 5.3 per cent unemployment rate for September remained well below the national jobless rate of 7.1 per cent, adjusted for seasonal influences.
The rise in unemployment regionally came despite a decline in the size of the labour force, which slipped to 732,400 in September compared to 734,600 in August. It's the third straight month that the number of people looking for work decreased.
Job losses in Ottawa-Gatineau were led by the retail and wholesale sector, where employment slipped to 81,400 in September compared to 86,000 in August. Since these numbers are unadjusted for seasonal influences, they likely reflect the return to school of many students.
Read the full article here.
The jobless rate for Ottawa-Gatineau increased in September for the first time in seven months, albeit marginally, thanks to a decline of 2,900 jobs. Nevertheless, the region's 5.3 per cent unemployment rate for September remained well below the national jobless rate of 7.1 per cent, adjusted for seasonal influences.
The rise in unemployment regionally came despite a decline in the size of the labour force, which slipped to 732,400 in September compared to 734,600 in August. It's the third straight month that the number of people looking for work decreased.
Job losses in Ottawa-Gatineau were led by the retail and wholesale sector, where employment slipped to 81,400 in September compared to 86,000 in August. Since these numbers are unadjusted for seasonal influences, they likely reflect the return to school of many students.
Read the full article here.