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Federal Government – Labour Force Survey, March 2022

Employment rose by 73,000 (+0.4%) in March. The unemployment rate fell 0.2 percentage points to 5.3%, the lowest rate on record since comparable data became available in 1976.

Employment gains were driven by women aged 55 and older and men aged 25 to 54. Employment increased in both the goods- and services-producing sectors. Gains were concentrated in Ontario and Quebec.

Total hours worked rose 1.3% in March. Average hourly wages increased 3.4% on a year-over-year basis.

March Labour Force Survey (LFS) data reflect labour market conditions during the week of March 13 to 19. Since the February reference week, provinces have continued to ease public health restrictions. Most notably, all capacity limits and proof-of-vaccination requirements were lifted in Ontario, Manitoba, Alberta and Quebec prior to the March reference week.

Read the full report HERE: https://www150.statcan.gc.ca/n1/daily-quotidien/220408/dq220408a-eng.htm

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