City's unemployment rates down(excerpts from an article publiched by the Daily Gleaner May 08/10)
The unemployment rate in Fredericton fell in April as more people in the capital have work than this time last year. According to the latest figures released by Statistics Canada on Friday, the capital's unemployment rate is 4.7 per cent, down from 4.9 per cent in March. A year ago in April, Fredericton's unemployment rate was 6.8 per cent.
New Brunswick's other two big cities also saw a drop in their unemployment rate. Saint John's unemployment rate was 7.5 per cent, down from 7.6 per cent in March but up compared to 6.2 per cent in April 2009. Moncton's unemployment rate was down to seven per cent from 7.3 per cent in March but again up from 5.9 per cent in April 2009.
New Brunswick's unemployment rate fell from 8.7 per cent in March to 8.5 per cent in April. New Brunswick's labour force stood at 401,500, which is 200 more than in the previous month and 1,700 more than in the same month last year.
New Brunswick's unemployment rate is also down 0.3 of a percentage from the same month last year.
Visit the following link for the full Daily Gleaner story: http://dailygleaner.canadaeast.com/cityregion/article/1044368