Labour Force Survey Monthly

Labour Force Survey, June 2018

released July 6, 2018

Prince Edward Island Employment

Line graph showing employment in Prince Edward Island from June 2017 to June 2018. Employment in June 2017 was 74,400 and has risen to 76,200 in June 2018. The low during this time period was 72,800 in October 2017 and the high was 76,200 in June 2018.June was

 

Unemployment Rate By Province (seasonally adjusted, in percentage)
Month Can NL PE NS NB QC ON MB SK AB BC
June 2018 6.0 15.5 8.9 7.9 7.5 5.4 5.9 6.1 6.3 6.5 5.2
May 2018 5.8 14.5 9.3 7.2 7.3 5.3 5.7 6.5 6.8 6.2 4.8
June 2017 6.5 15.1 10.3 8.9 7.9 6.0 6.4 5.4 6.5 7.5 5.1
Annual change (pp) -0.5 0.4 -1.4 -1.0 -0.4 -0.6 -0.5 0.7 -0.2 -1.0 0.1
Monthly change (pp) 0.2 1.0 -0.4 0.7 0.2 0.1 0.2 -0.4 -0.5 0.3 0.4

Summary

Today’s Statistics Canada Labour Force Survey shows that P.E.I.’s seasonally adjusted unemployment rate was 8.9 per cent in June 2018, the lowest rate since July 2014. This is down 0.4 percentage points from last month and down 1.4 from June 2017. Seasonally adjusted employment in June totaled 76,200, a new all-time high for Prince Edward Island. This is an increase of 1,800 from one year ago and up by 400 from May 2018. The annual increase was a result of an increase of 1,300 in full-time employment and an increase of 700 in part-time employment. Full-time employment totaled 63,700 which is also an all-time high. The number of unemployed persons on Prince Edward Island was 7,500, down by 300 from one month ago and down by 1,000 from June 2017. The labour force participation rate stood at 66.8 percent in June, down 0.1 percentage points from June 2017. The total labour force increased by 1,000 from June 2017 to total 83,800.

The three-month moving average unemployment rate used by the Employment Insurance program is unavailable for June 2018.

Nationally, employment was up by 32,000 in June. The unemployment rate increased by 0.2 percentage points to 6.0 per cent, as there were more people looking for work. Employment increased in Ontario, Saskatchewan, and Manitoba with little overall change elsewhere. Employment was at an all-time high in June for Prince Edward Island, Ontario, Manitoba, and Alberta.

 

Employment gains (+)/ losses (-) between June 2017 and June 2018 occurred in the following sectors on Prince Edward Island:

Prince Edward Island Employment By Industry

Goods-producing sector:     

+1,600

Service-providing sector:

+300

Agriculture:

+600

Trade (Retail/Wholesale):

-500

Other Primary Industries:

+300

Transport & Warehousing:

-400

Manufacturing:

+100

Finance, Insurance, Real Estate:

+500

Construction:

+400

Business Services:

0

Utilities:

x

Professional, Scientific and Technical:

+200

 

 

Educational Services:

+500

 

 

Health & Social Services:

+400

 

 

Public Administration:

-1,000

 

 

Information, Culture and Recreation:

0

 

 

Accommodation & Food services:

+900

    Other Services: -300

(Components may not sum to total due to rounding)

x: Suppressed to meet the confidentiality requirements of the Statistics Act.

PEI Unemployment Rate                                                                                                                                          

(Seasonally Adjusted)

Line graph showing the unemployment rate for Prince Edward Island from June 2017 to June 2018. The unemployment rate in June 2017 was 10.3 per cent and was 8.9 per cent in June 2018. The highest rate during this period was 11.2 per cent in April 2018 and the low point was 8.9 per cent in June 2018.

 

Notes:

  1. The LFS estimates for June are for the week of June 10 to 16, 2018.
  2. The LFS estimates are based on a sample and are therefore subject to sampling variability. For more information, see the Statistics Canada publication "Interpreting Monthly Changes in Employment from the Labour Force Survey."
  3. The next release of the LFS will be on August 10, 2018.

Source: Statistics Canada, Labour Force Survey Estimates, released July 6, 2018.

Related downloads for this release:

Monthly Labour Force Survey report - PDF (100KB)

Published date: 
July 6, 2018
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