Unemployment climbs in Windsor for third month in a row

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Unemployment climbs in Windsor for third month in a row

The economy lost 51,600 jobs last month in a decrease that drove up the unemployment rate and essentially wiped out a big gain in July, Statistics Canada said Friday. Statistics Canada pegged the Prince George rate at 4.4 percent in August, down a point and a half from a year ago.

After two consecutive monthly increases, employment in Ontario fell by 80,000 in August. The August employment numbers followed an increase of 54,100 positions in July, according to CTV News.

Part-time employment declined by 92,000 jobs while full-time positions rose by 40,400 positions.

The seasonally adjusted rate rose from 6 per cent in July to 6.6 per cent last month.

Ontario lost 80,100 jobs last month after gaining 60,600 in July - with both data points nearly entirely driven by swings in part time work.

The unemployment rate was 6.0 per cent compared with 5.8 per cent in July. Saint John gained 500 jobs and its unemployment rate increased only slightly from 5.4 per cent to 5.5 per cent.

By industry, the goods-producing sector lost 30,400 jobs last month in a decline led by notable losses of 16,400 positions in construction and a drop of 9,200 in manufacturing.

Economists had expected an increase of 5,000 jobs for the month and the unemployment rate to be 5.9 per cent, according to Thomson Reuters Eikon.

The report also found, that across the country, employment fell by 22,000 in professional, scientific and technical services, with the majority of these losses in Ontario. It was six per cent in July, as well as August 2017.

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