July 9, 2021 12:43pm
In June, the unemployment rate for the Stratford-Bruce Peninsula Economic Region (ER) decreased by 0.2 percentage points from 4% to 3.8%. That’s according to the Four County Labour Market Planning Board, which says this is pretty close to pre-pandemic levels.
At the same time, the provincial unemployment rate increased to 9%, with both rates unadjusted for seasonality.
The board reports overall net employment in the region decreased by 600, with full-time gains (1,500) and part-time losses (-2,100).
With Step 1 reopening happening on June 11th, this employment change shows a continued recovery of the local labour market as full-time workers increase.
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