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2014-01-10 at 10:46

City’s unemployment drops in December

By tbnewswatch.com
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The city’s jobless rate was down in December.

New data from Statistics Canada shows that the Thunder Bay area reported an unemployment rate of about 5.9 per cent for December 2013. That’s down from the 6.3 per cent reported for November.

The local jobless rate is among the lowest in the province, which had an average unemployment rate of 7.9 per cent in December. And that’s up from the 7.2 per cent recorded in November.

Nationally, the jobless rate for December was up to 7.2 per cent, which is up from the 6.9 per cent recorded in November 2013.

(CKPR Radio)

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Tbnewswatch.com(8)

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Comments

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S Duncan says:
I wonder what rates we have the lead in?
1/10/2014 12:54:59 PM
advocate says:
We are a leader in low unemployment rates in the Province.
1/10/2014 5:42:55 PM
TBDR says:
no matter whether it's a rate increase or decrease, someone here always tries to make it a negative.
1/11/2014 10:30:11 PM
Eastender says:
Its not really about positive or negative. Statements such as employment rates are misleading, and give a false impression. Therefore, to get to the truth, one must always compare numerical results, with, observations. If they dont appear to be realistic, then one must re-examine the method.
1/12/2014 9:05:25 AM
tsb says:
Did you know about the other two numbers that Statistics Canada releases when they release unemployment rates?

I have been talking about them for years, because both of them give a better idea of the health of the economy (the unemployment rate is simply a tool to let those actively looking for work know how easy or difficult it is to find work), but TBNewswatch and other media sources ignore them. Fully 66% of the labour force statistics report goes unreported!!
1/12/2014 11:36:27 AM
supersavage says:
I would like to see what kind of jobs that are keeping these numbers down. If its not full time employment than this is nothing to be proud of! McDonalds and Target are not good employers for the community!
1/12/2014 7:12:58 PM
yqtyqt says:
Exactly. As usual, the real indications of how well a community is doing isn't spelled out in a single number. The real story comes out when you look at wealth and the kinds of jobs that are coming on stream. I wouldn't classify McJobs and part time jobs with little to no benefits as sustainable when considering the wealth of the City.

If government jobs and handouts dry up, which is inevitable no matter who is in power, what are we left with?

Governments at all levels and political stripes can't sustain growth forever.

Alberta = Oil
Saskatchewan = Potash
Ontario - Civil Servants

1/13/2014 9:59:28 AM
hotchoc says:
This strongly suggests that things are better in Thunder Bay than many other places, generally speaking and have been for a number of years now.

There have been many new high paying jobs created here and it has helped a great deal in how well many businesses are doing and evidenced by our housing market.
1/14/2014 9:42:45 PM
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