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Saturday, December 21, 2019

Unemployment In Region Hits 2.4% In November

Grey Bruce | by Bayshore News Staff  

Despite positive overall numbers, Stratford-Bruce Peninsula still loses 1,000 full-time positions in month.

Unemployment in the economic region that includes Grey and Bruce counties fell again in November.

The Four County Labour Market Planning Board reports the jobless rate last month was 2.4% in the Stratford-Bruce Peninsula area, the lowest in all of Ontario.

"Since January 2001, this is only the third time the unemployment rate for Stratford-Bruce Peninsula has fallen below 3%," the planning board says in release.

Both previous times the jobless rate fell below three per cent in the region occured in summer months -- July 2001 and July 2017.

Despite the positive overall unemployment rate, the regional economy still shaved over 1,000 full-time jobs in November. The planning board says that was offset by 600 new part-time positions.

The greatest employment gains came in the construction and utilities sectors.

Service jobs such as information, culture and recreation and other services (aside from public administration) led the job losses last month.

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