The unemployment rate in our part of the province has again followed the national and provincial trends.
Today (Friday) Statistics Canada announced that the national unemployment rate had dropped to 9% last month from 10.2% in August.
The Ontario rate in September was 9.5% down from 10.6% in August.
In the Kingston-Pembroke economic region which includes the Quinte area the unemployment rate dropped to 9.3% from 10.1 the month before.
More detail below.
A quick look at Canada’s September employment data (numbers from the previous month in brackets);
Unemployment rate; 9.0 per cent (10.2)
Employment rate; 59.1 per cent (58.0)
Participation rate; 65.0 per cent (64.6)
Number unemployed; 1,832,600 (2,046,900)
Number working; 18,469,900 (18,091,700)
Youth (15-24 years) unemployment rate; 18.9 per cent (23.1)
Men (25 plus) unemployment rate; 7.8 per cent (8.4)
Women (25 plus) unemployment rate; 7.0 per cent (7.7)
