Barrie Jobless Rate Continues Month-Over-Month Freefall
Unemployment Rate Down Despite Growing Labour Force
Barrie had a banner month on the job front.
Statistics Canada says the unemployment rate in the city plummeted nearly an entire percentage point to 5.8 per cent last month over the month before.
This is now lower than the federal average by a tenth of a percentage point, and continues a near constant downward trend; Barrie’s jobless rate was nearly two percentage points higher in the summer.
Mayor Jeff Lehman tells us via email this morning the jobless rate went down despite the labour force growing by about 2,200.
The provincial jobless rate is a mere tenth of a percentage point lower than Barrie’s at 5.7 per cent, unchanged since June.