Local Jobless Rate Lowest In Province For Second Month Running: B93.3 FM : Lethbridge's #1 Hit Music Station : Lethbridge News, Alberta
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Local Jobless Rate Lowest In Province For Second Month Running

 
 

LETHBRIDGE:    The jobless rate for the Lethbridge-Medicine Hat region continues it's downward trend, after hitting a high of 6.2 per cent in May of this year.

 

This area has the lowest rate in the province for the 2nd month in a row, with a drop from 3.2 per cent in September to 2.7 per cent last month.  The Lethbridge area, in particular, has seen increased employment as the construction industry continues to deal with wind and hail damage from spring and summer storms.

 

In October of last year, the jobless rate for the Lethbridge-Medicine Hat region was the highest in the province, at 5.1 per cent.

 

The provincial jobless rate inched up a tenth of a point to 4.4 per cent, which is exactly where the rate sat in October of 2012. Alberta has the second lowest unemployment rate in the country, with Saskatchewan holding the lowest rate at 3.6 per cent.

 

The highest provincial unemployment rates are in the maritimes, and register from 9.1 per cent in Nova Scotia, over 10 per cent in New Brunswick and Prince Edward Island and the highest rate is in Newfoundland, at an even 11 per cent.

 

The national jobless rate is holding at its lowest level since before the 2008-09 recession and sits at 6.9 per cent for a second month.



Posted on Friday, November 08, 2013 at 4/20/2014 10:43:11 AM
Source: Dori Modney (On Twitter - Dori_Modney) -- Country 95 News
 
 
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