98 The Beach

98 The Beach

Friday, January 4, 2019

Unemployment Rises Slightly In Region

Grey Bruce | by Matt Hermiz  

Economy trims 1,900 jobs in Grey, Bruce, Huron and Perth counties in December

Unemployment in Grey, Bruce, Huron and Perth counties rose slightly in December.

The Four County Labour Market Planning Board reports the jobless rate hit 3.7 per cent last month -- a slight increase of 0.1 per cent compared to November -- in the economic region from Stratford to the Bruce Peninsula.

The local economy shaved 1,900 jobs last month with 1,600 of those being full-time and 300 part-time.

The unemployment rate in Grey, Bruce, Huron and Perth counties has risen 0.7 per cent since July 2018.

The greatest job losses in December in the region came in the services-producing sector, led by declines in employment in health care and social assistance, accommodation and food services and wholesale/retail trade.

Goods-producing jobs rose in the region, mainly in the manufacturing and utilities sectors.

In Ontario, the unemployment rate fell to 4.9 per cent in December. Nationally, it held steady at 5.6 per cent, a 43-year low.

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