Further Improvement In Local Jobless Picture While National View Finder Has Different Focus: B93.3 FM : Lethbridge's #1 Hit Music Station : Lethbridge News, Alberta
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Further Improvement In Local Jobless Picture While National View Finder Has Different Focus

 
 
LETHBRIDGE-MEDICINE HAT:  For the first time since the fall of 2008, the local jobless rate is close to 4%. The Lethbridge Medicine Hat region saw its unemployment rate drop more than a full percentage point between October and November.

Provincially, the rate slipped from 5.1 to and even 5-per cent, while the national rate is up a notch to 7.4 per cent. 

Information from the province shows job growth in the oil and gas industry and construction, as well as in service sectors involving professions, science and technical services. 

According stats from Economic Development Lethbridge, our city had the highest month-over-month decline in unemployment in Alberta last month.  EDL CEO Cheryl Dick notes, "There are significant job opportunities in our region, in agriculture, food processing, manufacturing and  and transportation". 

Dick also pointed out, "There are local benefits from the provincial food manufacturing industry, which  experienced a production increase this year,  nearing the peak levels of 2009, when more than $900 million in food manufacturing shipments were produced in an average month".

  On the national front, economists were expecting an increase of  about 17,000 jobs last month.  However, there was a drop of 18,600, taking the jobless rate up a notch to 7.4 per cent, making November's job loss the 5th consecutive month since June that there was job creation failure nationally.



Posted on Friday, December 02, 2011 at 4/16/2014 2:16:25 PM
Source: Dori Modney -- Country 95 News
 
 
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