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HomeNewsUnemployment rate decreased in the Stratford region last month

Unemployment rate decreased in the Stratford region last month

Our regions unemployment rate decreased last month.

The Four County Labour Market Planning Board says the unemployment rate in March in the Stratford-Bruce Peninsula Economic Region decreased by 0.5 per cent from 7.1 per cent to 6.6 per cent.

Overall net employment in the region increased by 400, with full-time gains and part-time losses.

Officials say the employment change shows a positive recovery from the second provincial lockdown which ended in February.

The board’s Executive Director, Gemma Mendez-Smith, says some sectors like utilities are above pre-COVID-19 levels but they are monitoring the numbers closely to see how the third lockdown will affect recovering and already lagging sectors.

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