Employment increased by 37,000 in January, following three months of little change. The employment rate fell 0.1 percentage points to 61.6%, as population growth (+0.4%) outpaced employment growth (+0.2%). The unemployment rate fell 0.1 percentage points to 5.7%, the first decline since December 2022. The participation rate fell 0.2 percentage points to 65.3% in January 2024, as the number of people in the labour force held steady and the population aged 15 and older rose. Employment increased in Ontario (+24,000; +0.3%), Newfoundland and Labrador (+7,500; +3.2%), Manitoba (+6,900; +1.0%) and Nova Scotia (+3,700; ... (full story)