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Posted Thursday, March 7, 2002
Demand for workers continues to drop in Ottawa
By Scott Evans, InBusiness Media Network

"Demand for workers continued to drop in Ottawa last month, while the national figures remained relatively flat, Statistics Canada said Thursday.
Statistics Canada's monthly help-wanted survey shows the demand for workers held almost steady in February for the second consecutive month. The agency's national help wanted index was down a slight 0.8 per cent in February, although compared with a year earlier it was off by more than 25 per cent.

The index measures the volume of help-wanted ads in 22 newspapers across the country. A rising index generally suggests employers are seeking workers, a falling index that they need fewer employees.

In Ottawa, however, employers continued to need fewer workers. The index declined 3.5 per cent from January. It is down 36.4 per cent from February 2001. The local number is compiled by counting up the number of help-wanted ads in the daily newspapers The Ottawa Citizen and Le Droit.

The latest decline follows a 2.29 per cent drop in Ottawa from December to January and a 4.9 per cent drop from November to December.

A further indicator of the economy's health will come Friday, when Statcan released its job figures for February. The national unemployment rate was 7.9 per cent in January when 1,304,900 people were out of work. "

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