Cape Bre­ton’s un­em­ploy­ment rate not much dif­fer­ent from same time last year

Cape Breton Post - - BUSINESS - BY LAURA JEAN GRANT

SYD­NEY

— Cape Bre­ton’s un­em­ploy­ment rate re­mains vir­tu­ally un­changed from this time last year, ac­cord­ing to the lat­est data re­leased Fri­day by Statis­tics Canada.

There were 52,300 peo­ple em­ployed and 9,300 un­em­ployed in Cape Bre­ton in Jan­uary, rep­re­sent­ing a 15.1 per­cent un­em­ploy­ment rate, down just slightly from Jan­uary 2009 when the rate stood at 15.2 per cent.

The Jan­uary rate did rep­re­sent an in­crease of al­most a full per­cent­age point from De­cem­ber when it stood at 14.2 per cent on the is­land. Novem­ber’s un­em­ploy­ment rate was 13.7 per cent. Cape Bre­ton has the high­est un­em­ploy­ment rate in Nova Sco­tia, with the prov­ince as a whole re­port­ing a 9.8 per cent un­em­ploy­ment rate. The rate in Hal­i­fax was 6.5 per cent.

Re­gion­ally, the un­em­ploy­ment rates var­ied — 9.3 per cent in New Brunswick, 9.9 per cent in Prince Ed­ward Is­land, and 14.9 per cent in New­found­land. Across Canada, Jan­uary’s un­em­ploy­ment rate was 8.3 per cent.

The monthly em­ploy­ment fig­ures for spe­cific re­gions of Canada, like Cape Bre­ton, are de­ter­mined by a three-month mov­ing av­er­age un­em­ploy­ment rates un­ad­justed for sea­son­al­ity, while na­tional and pro­vin­cial num­bers re­flect monthly num­bers which are sea­son­ally ad­justed.

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