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.
Canadian households owed an average of $1.71 for every dollar of disposable income in the third quarter, Statistics Canada said on Friday.
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.
Region’s economy shed some 2,700 net jobs last month, Statistics Canada says.
The total number of employed residents in the National Capital Region is at its highest level since the pandemic began, Statistics Canada said Friday.
Region added nearly 10,000 new positions in August, but employment-seekers returning to the market en masse drove up jobless rate.
Reduced pace of price growth was broad-based, spanning goods and services.