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Unemployment Rate Falls In January

New Brunswick’s economy added 3,600 jobs in January, according to Statistics Canada.

The latest labour force survey shows 4,000 jobs were created while 400 part-time jobs were lost.

It helped push the unemployment rate down to 8.2 per cent from 8.4 per cent in December.

Compared with January of 2018, the unemployment rate is 0.7 percentage points lower.

When you break the year-over-year numbers down by region, the unemployment rate fell to 6.5 per cent from 7.1 per cent in Saint John-St. Stephen and to 6.8 from 7.5 in Moncton-Richibucto.

Nationally, the economy added 67-thousand jobs in January, mostly among youth and in the services-producing industries.

But the unemployment rate increased 0.2 percentage points to 5.8 per cent as more people looked for work.

Author

  • Brad Perry is an award-winning news anchor and reporter and a 2013 graduate of the NBCC journalism program. Based in New Brunswick, he is also the assistant national news director for Acadia Broadcasting. Contact Brad at perry.brad@radioabl.ca.

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