Midwestern Ontario Unemployment Lowest In OntarioAugust 10, 2018 12:44pm
Midwestern Ontario continues to boast the lowest unemployment rate in the province at 3%.
There were 2,800 new jobs created in the Stratford to Bruce Peninsula region. 5,400 new full-time jobs were created, while 2,600 part-time jobs were lost.
The number of Goods-producing sector employees increased by 3,000 in the Stratford-Bruce Peninsula Economic Region. More people were working in Construction (+3,800) and Agriculture (+200), while at the same time employment fell in Utilities (-700) and Manufacturing (-600).
In the Services-producing sector, employment fell by 300 in the Stratford-Bruce Peninsula Economic Region. The largest monthly gains were in Healthcare and social assistance (+1,300), Information, culture, and recreation (+900), and Professional, scientific and technical services (+800) and Wholesale and Retail trade (+800). Employment losses were felt in Educational services (-1,300) and Transportation and warehousing (-800), followed closely by Finance, insurance, real estate, rental and leasing (-700).
Ontario’s unemployment rate fell to its lowest level in 18 years. Statistics Canada reports the rate dropped half a point to 5.4 per cent last month.