Province’s unemployment rate increases

VOCM is reporting that, according to Statistics Canada, employment declined by 3,400 in Newfoundland and Labrador in August, but employment was up slightly from 12 months earlier (+0.7%). As more people searched for work in August, the unemployment rate increased by 1.8 percentage points to 13.7%. In the capital city the unemployment rate dropped half a point to 6.5 per cent in August.

Source: VOCM

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