Employers in Ottawa-Gatineau shed a net total of 3,300 jobs in August, and the unemployment rate dropped mainly because of a mass exodus of 12,100 people from the labour force.
Ottawa-Gatineau employers added more than 6,000 new jobs to their payrolls last month as the economy continued to pull out of a pandemic-fuelled downturn.
Ottawa’s economy added jobs for the eighth straight month, but the gains were accompanied by a surge in the number of residents entering or re-entering the labour force.
The size of the region’s labour force – which includes people who are actively looking for work – increased by 9,500 to an all-time high of 832,000 last month.
While the region's economy added 7,600 jobs, the labour force also jumped by an additional 10,200 as more people resumed their search for work, Statistics Canada says.
Employers added nearly 8,000 new jobs to their payrolls last month, StatsCan says, but those gains were offset by more people looking for work.
Region's jobless rate dropped to 6.5 per cent in February, down from 6.7 per cent the previous month and its lowest level since the start of the pandemic, StatsCan said Friday.
The number of people working in Ottawa-Gatineau rose by about 9,600 last month, Statistics Canada said, while the labour force also grew.
The region’s labour force – which includes unemployed people actively looking for work – stood at just under 782,000, well below last January’s pre-pandemic total of about 822,000.
That’s the lowest the rate has been since April, when it stood at 6.9 per cent in the early days of the COVID-19 crisis.