That marks the lowest rate in at least two decades and comes even as the local economy's job-creation engine stalled last month.
The combination of a fiercely competitive job market and the still-rising cost of living will likely lead to more companies boosting employee pay this year, experts say.
Region's red-hot economic growth continues as Ottawa-Gatineau employers added nearly 10,000 jobs to their payrolls last month, Statistics Canada says.
StatsCan said employers were seeking to fill more than one million positions at the beginning of March, up 22.6 per cent from February and 60.5 per cent from the prior year.
Statistics Canada says a number of signs point to an increasingly tight labour market in recent months, including a drop in the number of part-time workers that would prefer full-time work.
Ottawa-Gatineau’s jobless rate held steady at 4.9 per cent in March as a surge in employment was offset by a big jump in the number of people hunting for work.
After two years of pandemic-induced uncertainty, the federal Liberals are readying to deliver an updated spending blueprint in a 2022 budget that, by all accounts, has been influenced by fast-…
National unemployment numbers out today are just a hint at what is becoming a red-hot job market.
The region gained 1,400 jobs last month, but that was more than offset by the 4,000 people who resumed their search for work, Statistics Canada said Friday.
Continuing a troubling recent trend, the overall number of employed residents in Ottawa-Gatineau fell to 753,300 last month, a slight drop from November.