New jobs report says Calgary’s unemployment increased

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That's up from 4.8 per cent in January but down from the 5.3 per cent the rate was at the same time past year.

However, Alberta's oil and gas sector wasn't actually a contributing factor in the increased unemployment rate, as that industry saw an increase in 2,600 jobs over the past month.

By region, Ontario saw the biggest employment increase last month with the addition of 36,900 jobs. At the same time, there were fewer workers in accommodation and food services, as well as transportation and warehousing. Canada even beat the disappointing U.S. February tally of 20,000 - for the first month in more than 8 years. Strong full-time gains, mostly in the province of Ontario, offset a loss in part-time roles, with 67,400 full-time jobs added from January to February, and 11,600 part-time jobs shed.

Statistics Canada says the unemployment rate for the Grande Prairie-Peace River-Banff-Jasper-Rocky Mountain House region stood at 5.1 percent last month, up from 4.8 per cent in January.

The goods-producing sectors added 9,500 new positions following job gains in natural resources, agriculture and manufacturing.

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Year-over-year average hourly wage growth in February for permanent employees was 2.3 per cent, which was up from a reading of 1.8 per cent for January. It's a key reason why the Bank of Canada is sticking to its belief the economy will rebound and interest rates will likely head higher.

Over the 12-month stretch leading up to February, total employment rose by 369,100 jobs or two per cent.

"We're going to continue to do stuff like this to generate more employment, to continue to invest in infrastructure generally and continue to fight to get the pipeline to tidewater in order to build that level of investor confidence that will move us forward". For the third consecutive month, Ontario and Quebec drove the overall gains, with little marked movement in the other provinces.

Younger Canadians enjoyed the bulk of the gains, as 15-25 year olds recorded a net rise of 28.6k, which helped bring their jobless rate down 0.4 percentage points to 10.8 percent.

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