Barrie had third highest unemployment rate in Canada in February


"At 3.1 per cent in February, wage growth posted a fourth consecutive month above its longer-term average of 2.6 per cent", Sherry Cooper, chief economist for Dominion Lending Centres, wrote in a research note.

Earlier this week, the central bank highlighted wage growth as one of the key data points that it will scrutinize ahead of future rate decisions.

Over the past 12 months, the nation's employment is up by 1.5 per cent or 283,000 jobs.

Statistics Canada said Friday that the country added 15,400 jobs in February, following a huge loss in January, due to gains in full-time work.

Statistics Canada's latest labour force survey also says the job gains in February were driven by an increase of 50,300 public-sector jobs.

Meanwhile, nonagricultural wage and salary employment in OH increased by 12,100 jobs, to 5,546,400 in January from a revised 5,534,300 the prior month.

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In January, Ohio employment in goods-producing industries, at 921,500, increased 1,300 over the month; gains in construction (+2,600) and mining/logging (+100) outweighed losses in manufacturing (-1,400).

"This is about as close to neutral a jobs report can get inCanada ..."

Only Victoria saw an unemployment hike in the province last month with a half-percent jump to 4.4 per cent from 3.9 in January.

According to the Bank of Canada's calculations, the national and productivity accounts showed wage inflation below the labour-force survey's 3.1 per cent growth. The central bank pointed to trade uncertainty and growing protectionist measures for creating clouds around the economic outlook.

London's jobless rate has risen for the third straight month.