Home Shoreline News Unemployment rate increases, still lowest in Ontario

Unemployment rate increases, still lowest in Ontario



The region’s unemployment rate continues to be the lowest in the province, but that number is increasing after hitting a long-time low in October.

The Four County Labour Market Planning Board found that November’s unemployment rate for Stratford-Bruce Peninsula Economic Region increased to 2.7%, up from 2.3% the month prior.

Overall net employment in the region decreased by 4,400, with 6,000 full-time losses and 1,600 part-time gains. The region’s labour force size decreased from 169,800 people in October to 165,900 in November.

The market planning board says there is currently over 2,600 job postings listed for the area. They can be found at their website.

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