Saturday, February 07, 2009

Unemployment Rate Up for January, 2009

The national unemployment rate is jumped from 6.6% in Dec., 2008 - 7.2% in Jan., 2009. The largest provincial increases were in BC and Ontario, with almost a full percentage point each. BC's out of work rose from 5.3 - 6.2%, while Ontario's loss was .8%, going from 7.2 - 8%. In January there was a loss of 129,000 jobs in Canada, a nearly 30 year worst. Newfoundland and Labrador's rate rose from 13.7 - 14.3 %. In St. John's, NL, jobs held steady, only a .1% increase in unemployment. (source)

Canada's Unemployment Statistics Jan., 2009 (%)
PlaceDecember ' 08January ' 09Rate of change
  %% 
Canada6.67.2+.6%
BC5.36.2+.9%
AB4.24.4+.2%
SK4.24.1-.1%
MB4.34.6+.3%
ON7.28+.8%
QC7.37.7+.4%
NB8.68.7+.1%
NS8.28.8+.6%
PE11.711.9+.2%
NL13.714.3+.6%

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