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Regional unemployment rises as provincial rate goes down in February

Regional unemployment rises as provincial rate goes down in February

The London area's jobless rate rose to 6.7 per cent in February, up from 6.5 per cent in January.

2,400 people entered the labour force while an extra 500 people claimed unemployment. There were 1,800 people unemployed.

Nationally, the Canadian economy added 15,400 jobs last month and the jobless rate fell one notch, to 5.8 per cent.

Canada added 15,400 jobs during the month, Statistics Canada reported Friday, close to economist forecasts for a 21,000 gain.

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In Ontario, employment was little changed in February with the unemployment rate settling at 5.5 per cent.

The rate for Medicine Hat - Lethbridge was 6.9 per cent, an increase of three tenths of a point. Overall, the provincial rate is down on a year-over-year basis from 8.2 per cent in February 2017. Full-time employment decreased by 10,500 jobs while part-time employment increased by 12,800 jobs. Full-time employment has been responsible for the bulk of the job boom, totalling nearly half a million jobs over the past 18 months.

The employment rate declined from 63.9 per cent in January to 63.5 per cent in February.

The jobless rate in Windsor also increased to 4.9 per cent, up from 4.6 per cent. The rate is also down on a year-over-year basis from 8.4 per cent in February 2017.