Local, National Jobless Rates Up
Stats Canada says the national unemployment rate was 13.7% in May with the effects of the COVID-19 shutdown still being felt.
That’s the highest rate recorded since comparable data became available in 1976.
Before the COVID shutdown in February, the national unemployment rate was 5.6%.
It increased to 7.8% in March and 13.0% in April.
Meanwhile, Cape Breton’s unemployment rate for May was 18.3 per cent.
That’s up from 16.4 per cent in April and 13.8 per cent in May of last year.