May 2019 – Local Unemployment Rate Decreases In April
Walkerton, ON (May 10, 2019) – In April, the unemployment rate for the Stratford-Bruce Peninsula Economic Region decreased by 1.0 percentage points to 5.9%. The provincial
unemployment rate increased by 0.1 percentage points to 6.0%.
Employment increased by 6,100 in the region, with both full-time (+3,000) and part-time (+3,100) gains.
The number of Goods-producing sector employees increased by 1,400 in the Stratford-Bruce Peninsula Economic Region. The greatest gains were in Agriculture (+1,200) and Construction (+600).
Employment in the Services-producing sector increased by 4,700. The greatest gains were in Accommodation and food services (+1,800) and Educational services (+1,700).
Favourable news for the region’s economy includes: McLean’s Owen Sound plant recently completed their expansion, which will eventually add 50 to 60 employees. BC Instruments (BCI) opened a facility in Durham. Pizza Hut will be opening in Kincardine, with plans to employ 10-15 people. Bruce Power, Bruce County and the Organization of Canadian Nuclear Industries (OCNI) signed a memorandum of understanding to expand the Nuclear Economic Development and Innovation initiative, supporting more than 50 suppliers in Bruce, Grey and Huron counties.
Note: Statistics Canada’s monthly Labour Force Survey provides estimates of employment and unemployment, based on a sampling of households in communities. Stratford-Bruce Peninsula figures represent a three-month moving average, unadjusted for seasonality.