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City's unemployment rate among lowest in Ontario

Nov 12

BARRIE - Barrie's jobless rate is heading down, even faster than the national average.

The city's October unemployment rate, announced Friday morning, was 5.5% - which is among the lowest of any Ontario city. It was 7.2% in September.

“We've gone from the highest in the country two years ago to one of the lowest now,” said Mayor Jeff Lehman.

Canada added 13,200 jobs in October - all of them full-time - and the unemployment rate stayed at a near five-year low of 6.9%, Statistics Canada said Friday. Ontario's jobless rate last month was 7.4%.

Lehman says he doesn't take credit for Barrie's low jobless rate in October, because municipal governments can only affect the job market in small ways.

“This is mostly a story of a successful and fast-growing private sector, and some public sector growth, ie. RVH,” he said, referring to Royal Victoria Regional Health Centre.

Read the full article here.

 

Posted by: Littlewood Properties