July 2014 Labour Force Survey

July 2014 Labour Force Survey
Brief adapted from http://www.statcan.gc.ca/daily-quotidien/140808/dq140808a-eng.htm?cmp=mstatcan

Summer employment for students*
Age Unemployment Rate
20 – 24 8%
17 – 19 16.8%
15 – 16 28%

30,000 more students aged 20 to 24 were employed in July 2014 compared to July 2013 resulting in an unemployment rate of 8% and employment rate of 70%, little changed when compared with a year earlier.
According to the LFS most of the increase occurred in part-time employment.

For students aged 17 to 19, the July 2014 unemployment rate was unchanged at 16.8% with an employment rate of 58.5% both rates similar to those observed in July 2013.

Students aged 15 to 16, suffered an unemployment rate of 28.0%, with an employment rate of 29.6%, virtually unchanged compared with July 2013.
*NOTE: The Labour Force Survey collects labour market data from May to August, about young people (students) aged 15 to 24 who were attending school full time in March and who intend to return to school full time in the fall. Statistical comparisons are on a year-over-year basis, as the published data is not seasonally adjusted.

Comparisons
Province Unemployment rate
BC 6.1
Alberta 4.5
Saskatchewan 3.3
Manitoba 5.1
Ontario 7.4
Quebec 8.1
New Brunswick 9.8
Nova Scotia 9.1
Prince Edward Island 9.4
Newfoundland/Labrador 11.9

Canada-US comparison**
Canada 6.0%
US 6.2%
**Note: Adjusted to US concepts
For further information, see “The labour market in Canada and the United States since the last recession, 2007 to 2014.” http://www.statcan.gc.ca/daily-quotidien/140730/dq140730b-eng.htm

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