Regional Unemployment Rate Increases to 5.1% in February

In February, the unemployment rate in the Stratford-Bruce Peninsula Economic Region increased by 0.2 percentage points to 5.1% yet remained the lowest unemployment rate in the province. Meanwhile, the provincial unemployment rate also increased 0.2 percentage points this month to 7.3%, both unadjusted for seasonality.  Employment in the Region decreased by 3,300 (-1.9%) in February, with loss in both full-time employment (-1.5%; -2,100) and part-time employment (-3.3%; -1,300).

Read the full news release on our website: February Unemployment Rate Increases to 5.1% - Four County Labour Market Planning Board