Canadian Unemployment Rate Falls for the First Time in 2014
In March of 2014, Canadian jobless rate fell to 6.9 from 7.0 percent in the previous month and 7.2 percent a year earlier. Employment increased by 42,900, driven by gains among youths, compared with a loss of 7,000 jobs in February.
In 2011, Canada was second among the G7 countries in employment with an employment rate of 72.0% among people aged 15 to 64 years. Germany led with a rate of 72.6%. Italy, at 56.9% had the lowest employment rate. The average employment rate for OECD countries was 64.8% in 2011.
Employment Rate of Total Population
Employment can be measured as a percentage of the total Canadian population instead of the working adult population.
By this measure, 50.2% of the total population in 2012 was employed, up 8.6 percentage points from 41.6% in 1976.
Part-time and Full-time Employment
Part-time employment has increased over the last three decades. The part-time employment rate increased from 7.1% in 1976 to 11.6% in 2012. Full-time employment rates have remained fairly constant during the same time, being at 50.0% in 1976 and at 50.2% in 2012.
Part-time employment rates increased most notably among youth aged 15 to 24. Almost half (47.3%) of the employed 15-to-24 year-olds worked part-time in 2012, compared with one in five (21.1%) in 1976.
In 2012, 27.2% of part-time workers stated a preference to be working full-time. These are considered to be involuntary part-time workers.