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Friday, July 5, 2013

Local Unemployment Rate Goes Up

Saint John now has the highest unemployment rate of any city in the national survey by Stats Canada at 11.2 per cent in June, up one percent from May. By contrast, Regina has a jobless rate of only 3.7 per cent. 

The provincial jobless rate also rose to 11.2 per cent from 10.5 per cent in May with the loss of 52 hundred jobs.

Provincial Liberal leader Brian Gallant tells CHSJ News the rising unemployment rate, which is now the highest of all the provinces, is proof positive the Alward Government is bankrupt of ideas to get the economy going.

Gallant charges New Brunswick is the only province in the country to experience a decrease in population during the past year and the economic indicators over the next year don't look good.