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HomeStratford NewsGood news locally for unemployment rate in May

Good news locally for unemployment rate in May

It’s good news locally when it comes to the unemployment rate.

The Four County Labour Market Planning Board says the unemployment rate in the Stratford-Bruce Peninsula Economic Region fell in May by 1.1 percentage points to 3.3%.

They say that employment in the area increased 2,700 due to increases in both full-time and part-time work.

According to the agency, employment in the services-producing section rose by 2,300 in the region in May while the goods-producing sector saw an increase by 600.

Province wide, the unemployment rate in May rose by 0.1 percentage points to 5.8%.

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