Jobs data revised downwards for 2014

Jobs data revised downwards for 2014

Jobs data revised downwards for 2014 Statistics Canada issued revised figures on the labour market today following updated population data and the new figures cut more than a third from previously released stats. Employment gains in 2014 amounted to 121,000 or 0.7 per cent, with the bulk of the growth in September and October. In the 12 months to December, the unemployment rate declined 0.5 percentage points to 6.7 per cent. Most of the gains were in the male 25 and older demographic. Provincially, employment grew in Alberta, Manitoba, Saskatchewan and Ontario in 2014. At the same time, employment declined in Newfoundland and Labrador as well as in New Brunswick.