February Jobless Stats Surprisingly Positive: B93.3 FM : Lethbridge's #1 Hit Music Station : Lethbridge News, Alberta
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February Jobless Stats Surprisingly Positive

LETHBRIDGE:  Statistics for the month of February paint a fairly stable unemployment picture on all three fronts.

For the Lethbridge-Medicine Hat region, the rate climbed slightly from an even 4% in January to 4.3% last month. However, that number is more than half a point lower than February of 2012, which posted a rate of 4.9%.

Provincially, the jobless rate was unchanged at 4.5%, which is also down from the 4.9% posted in February of last year. The Alberta rate is the second lowest in the country. Saskatchewan has the lowest jobless rate at 3.8% and Newfoundland is the highest at 11.7%.

Nationally, the Canadian economy surprised even the most optimistic by churning out 50,700 new jobs in February. Most of them are full-time, private sector positions and many were created in Ontario. The addition of the new jobs held the country's unemployment rate at 7%, which remains at a four year low.

Posted on Friday, March 08, 2013 at 4/21/2014 9:53:16 AM
Source: Dori Modney (@Dori_Modney on Twitter) -- Country 95 News
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