National unemployment drops to four-decade low
A rush of new part-time jobs offset a drop in full-time work last month to help Canada post a net gain of 54,100 positions and drop the national unemployment rate down to a four-decade low.
Statistics Canada's latest labour force survey says the July jobless rate was 5.8 per cent, down from six per cent the previous month.
The report says the country added 82,000 part-time positions last month and lost 28,000 full-time jobs.
Compared with a year earlier, overall employment was up 1.3 per cent following the addition of 245,900 jobs for an increase driven by 210,500 new full-time positions.
In Nova Scotia, the unemployment rate edged up one tenth of a percentage point to an even eight per cent in July despite an overall increase in the number of jobs.
The province gained 2,800 part-time positions, but lost 1,700 full-time jobs last month and the labour force grew by 1,500.
(With files from The Canadian Press)