August CB Unemployment Rate 15.9 Percent
Stats Canada says Cape Breton’s unemployment rate was 15.9 per cent in
That’s a drop of nine-tenths of a percentage point from July.
But it’s an increase of 2.8 percentage points compared to August of last year.
Meanwhile, the national unemployment rate was 10.2 per cent last month.
That’s a drop of seven-tenths of a percentage point from July.
The country gained 246,000 jobs in August as the economy continued to open up from a COVID-19 shutdown.