Home Ranch News Area Unemployment Rate decreases 0.5 percent in April

Area Unemployment Rate decreases 0.5 percent in April

Provincial unemployment rate sits at 8.7% in April

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In April the unemployment rate for the Stratford-Bruce Peninsula Economic Region decreased by half a percent point from 6.6% to 6.1%.

At the same time the Provincial unemployment rate decreased to 8.7% both unadjusted for seasonality.

This translated into an employment increase in the Region of 3300 with full time gains offsetting part-time losses.

This shows that the economic recovery and resilience in Region even in light of the third provincial lockdown still bein in effect.