Home Shoreline News Unemployment rate drops 4.2% last month in Stratford-Bruce Peninsula Region

Unemployment rate drops 4.2% last month in Stratford-Bruce Peninsula Region

Provincial unemployment rate increased slightly during the same period 0.1 percent to 6.4% both unadjusted for seasonality.

304
0

 

Employment numbers are out for September and they show that the unemployment rate for the Stratford-Bruce Peninsula decreased 0.3 percent last month to 4.2%

The figures from the Four County Labour Market Planning Board also indicate the provincial rate increased slightly during the same period 0.1 percent to 6.4% both unadjusted for seasonality.

The gain of 600 full-time jobs were offset by 1,400 part-time losses.

Most of the losses were seen in the service-producing sector, followed by IT, culture and recreation.

Business, building & support services experienced the greatest gains followed transportation and warehousing, professional, scientific and technical services.