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The western province has the lowest unemployment rate in the country followed by Ontario. The rate is also down on a year-over-year basis from 8.4 per cent in February 2017.

The February numbers nudged the national unemployment rate down to 5.8 per cent from 5.9 per cent in January.

OTTAWA-The Canadian economy added 15,400 jobs in February after a big loss in January but full-time positions shrank and wage growth decelerated, prompting analysts to predict the Bank of Canada will be in no rush to raise rates.

Most of the gains were driven by public-sector employment, which increased by 50,000 jobs.

Statistics Canada's latest Labour Force Survey says the unemployment rate increased slightly last month from January.

Average hourly wage growth, which is under close watch by the Bank of Canada ahead of interest-rate decisions, stayed solid at 3.1 per cent.

The TSX looked set to open higher on Friday, lifted by rising oil prices and by robust jobs data out of Canada. Although there was a loss of full-time jobs last month, over the year full-time employment has increased by 1.9 per cent. However, the industry with the majority of minimum-wage earners - accommodation and food services - continued to add jobs for the second consecutive month.

The central bank said more interest rate hikes will likely be necessary over time despite mounting protectionist and competitiveness uncertainties that have clouded the economic outlook. The city's unemployment rate is up to 8.4 per cent from eight per cent year-over-year, as more people continue to participate in the workforce, which reflects those either working or looking for work, up to 66 per cent from 65.7.


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