Job­less num­bers dis­ap­point­ing

The Southern Gazette - - NEWS -

Canada’s un­em­ployed in Fe­bru­ary fell by 7,000 people af­ter econ­o­mists pre­dicted a 15,000 in­crease for the month.

The ‘sea­son­ally ad­justed’ job­less rate re­mained at seven per cent, recorded first in Jan­uary.

In New­found­land and Labrador the ‘ac­tual’ un­em­ploy­ment rate went up three tenths of a point to 12.8 per cent when com­pared to last month. It meant 1,700 fewer people were in the labour force from Jan­uary to Fe­bru­ary and al­most 2,000 fewer people were reg­is­tered as work­ing. Those with­out jobs rose by 500. On the Avalon Penin­sula, the ac­tual job­less rate fell four tenth of a point to 8.4 in Fe­bru­ary. Labour force and em­ploy­ment num­ber re­mained con­stant but the num­ber of un­em­ployed dropped by 500.

Along the Burin Penin­sula-South Coast re­gion, the un­em­ploy­ment rate rose al­most two per­cent­age points to 16.6 per cent. Labour force num­bers fell 500 to 16,300 in Fe­bru­ary and rose de­clined 600 for those em­ployed (13,700) while 300 more were out of work (2,700).

In the other re­gions, Fe­bru­ary’s rate fell slightly to 14.9 per cent in the West Coast-North­ern Penin­sula-Labrador area but rose two per­cent­age points to 22.7 per cent in the Notre Dame-Cen­tral Bon­av­ista Bay re­gion com­pared to Jan­uary.

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.