Cape Breton’s Unemployment Rate Up Slightly
The latest numbers from Stats Canada show Cape Breton’s unemployment rate was 12.2 per cent last month.
That’s three tenths of a percentage point higher than the December jobless rate on the Island.
However, it’s a 4.5 percentage point drop compared to January of last year.
Meanwhile, Nova Scotia’s unemployment rate was up two-tenths of a percentage point from December to 7.8 per cent in January.
The national unemployment rate fell a tenth of a percentage point to 5.5 per cent, last month.
Stats Canada says 34,500 jobs were created in January.