Home Shoreline News Local Unemployment Hits its Lowest Since 2024

Local Unemployment Hits its Lowest Since 2024

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Local Unemployment Hits its Lowest Since 2024

 

The unemployment rate in September saw the lowest it has been in the region since November 2024.

The Four County Labour Market Planning Boards numbers showed last months unemployment rate for the Stratford-Bruce Peninsula Economic Region decreasing by 0.4 percentage points 3.6 percent.

Transportation and warehousing were the largest gains at 9.7 per cent as well as public administration at 9.4 per cent and health care and social assistance at 4.9.

There was some drops including in the goods producing sector with a dip of 6 per cent, manufacturing fell 13.9 per cent and agriculture at 2.3 per cent.

The provincial unemployment rate was unchanged for September at 7.3 per cent.

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