Canada's unemployment rate dropped to 6.6 per cent last month, its lowest level in more than two years, as fewer people were looking for work, Statistics Canada said Friday.
Several economists were quick to hail the numbers as a sign that Canada's economy is on the mend, though at least one questioned the survey's findings of a massive swing toward full-time employment at the expense of part-time jobs.
The decline of 0.2 percentage points from the previous month brought the rate down to a number not seen since January 2015.
The agency's February employment survey indicated the national labour market added 15,300 jobs overall last month, higher than analyst expectations.
Economists had projected a gain of 2,500 jobs and the unemployment rate to stay at 6.8 per cent, according to Thomson Reuters.
Several economists were quick to hail the numbers as a sign that Canada's economy is on the mend, though at least one questioned the survey's findings of a massive swing toward full-time employment at the expense of part-time jobs.
The decline of 0.2 percentage points from the previous month brought the rate down to a number not seen since January 2015.
The agency's February employment survey indicated the national labour market added 15,300 jobs overall last month, higher than analyst expectations.
Economists had projected a gain of 2,500 jobs and the unemployment rate to stay at 6.8 per cent, according to Thomson Reuters.





/https://www.thestar.com/content/dam/thestar/entertainment/movies/2017/01/24/ryan-gosling-denis-villeneuve-lead-list-of-canadas-oscar-nominees/gosling-denis.jpg)

















