Statscan Releases Monthly Unemployment Numbers
Stats Canada recorded Cape Breton’s unemployment rate at 17.3% last month. The three month moving average was more than two percentage points above figures from both the previous month and January of 2015. There’s was little change at the provincial level last month, as the seasonally adjusted jobless rate notched up by a tenth of a point to 8.6%. Nationally, there was little change last month as jobs losses in Alberta, Manitoba and Newfoundland and Labrador offset a net gain in Ontario. Statscan says that more people entered the job market in January while the national unemployment rate went up slightly to 7.2%.