Nonetheless, skilled, scientific and technical providers noticed a -1.6% decline in jobs, together with a -2.1% drop in warehousing and transportation.
Apart from Nova Scotia, which noticed a 0.8% decline in jobs, all different provinces noticed a “nearly unchanged” job market in accordance with StatCan.
With solely 47,000 new Canadians aged 15 or older arriving over February, the gradual job progress fee had little impact on Canada’s unemployment fee, which remained at 6.6%.
February’s main snowstorms additionally impacted the labour market, seeing precise hours labored lower by 1.3%, the largest drop since April 2022. In accordance with StatCan, 429,000 Canadians misplaced hours of labor as a result of snowstorms which have been ever-present all through the month.
Common hourly wages did see a lift of from 3.5% in January to three.8% in February, with the common nationwide hourly wage now sitting at $36.14 per hour.