Labour Force Survey Monthly


 

Labour Force Survey, January 2018

released February 9, 2018

 

Prince Edward Island Employment

 

January Unemployment Rate by Province
(seasonally adjusted, in percentage)

Unemployment Rate by Province
Month CN NF PE NS NB QC ON MB SK AB BC
January 2018 5.9 14.0 10.6 8.2 9.1 5.4 5.5 5.6 5.4 7.0 4.8
December 2017 5.8 14.7 9.7 8.0 7.8 5.0 5.6 5.6 6.5 7.0 4.6
January 2017 6.7 13.9 10.0 7.8 8.9 6.3 6.4 5.9 6.3 8.7 5.5
Annual Change (pp) -0.8 0.1 0.6 0.4 0.2 -0.9 -0.9 -0.3 -0.9 -1.7 -0.7
Monthly Change (pp) 0.1 -0.7 0.9 0.2 1.3 0.4 -0.1 0.0 -1.1 0.0 0.2

Summary

Today’s Statistics Canada Labour Force Survey shows that P.E.I.’s seasonally adjusted unemployment rate was 10.6 per cent in January 2018. This is up 0.9 percentage points from last month and up 0.6 percentage points from January 2017. Seasonally adjusted employment in January totaled 74,900, an increase of 2,000 from one year ago and up by 100 from December 2017. The annual increase was a result of an increase of 700 in full-time employment while part-time employment increased by 1,300. The number of unemployed persons on Prince Edward Island increased to 8,900, up by 900 from one month ago and up by 800 from January 2017. The labour force participation rate stood at 67.3 in January, up 1.2 percentage points from January 2017. The total labour force increased by 2,800 from January 2017 to total 83,800, the highest it has been since May 2014.

 

The three-month moving average unemployment rate used by the Employment Insurance program for the Charlottetown region decreased to 6.6 per cent in January, down from 6.7 per cent in December. The rate in the PEI region in January was 12.9 per cent, down from 13.0 per cent in December. There is no change in EI eligibility criteria in either region.

 

Nationally, employment fell by 88,000 in January following two months of increases. The unemployment rate increased 0.1 percentage points to 5.9 per cent. Employment losses were due to a decrease of 137,000 in part-time employment, while full-time employment increased by 49,000.

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

 

Goods-producing sector:     

+2,300

Service-providing sector:

-300

Agriculture:

+500

Trade (Retail/Wholesale):

+500

Other Primary Industries:

+500

Transport & Warehousing:

-600

Manufacturing:

+200

Finance, Insurance, Real Estate:

+100

Construction:

+1,100

Business Services:

-600

Utilities:

x

Professional, Scientific and Technical:

+500

 

 

Educational Services:

-100

 

 

Health & Social Services:

+400

 

 

Public Administration:

0

 

 

Information, Culture and Recreation:

-100

 

 

Accommodation & Food services:

-300

 

 

Other Services:

+100

 

(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)

 

Notes:

  1. The LFS estimates for January are for the week of January 14 to 20.
  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 March 9, 2018.

 

Source: Statistics Canada, Labour Force Survey Estimates, released February 9, 2018.

Related downloads for this release:

Monthly Labour Force Survey report - PDF (100KB)

Monthly Labour Force Survey data file - Excel (280KB)

Published date: 
February 9, 2018
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