For the third month in a row, Peterborough had the lowest unemployment rate of Canada’s 34 census metropolitan areas.
Peterborough’s jobless rate rose a little bit to 3.3 per cent in July, up from 2.7 per cent in both May and June.
Quebec City which had the second lowest rate at 3.9 per cent, while St. John’s, N.L. had the highest at 9 per cent.
Nearby, Oshawa’s jobless rate rose to 4.4 per cent in July from 4.2 per cent in June, Kingston’s rose to 5.9 per cent from 5.6 per cent while Barrie’s rose to the fourth highest of Canada’s cities at 7 per cent, up from 6.9 per cent in July.
The national unemployment rate fell to a four-decade low of 5.8 per cent in July, down from 6 per cent in June while Ontario’s jobless rate fell to 5.4 per cent from 5.9 per cent in June.
Despite the impressive low percentage for Peterborough, the rate partly reflects a continuing decline in the size of Peterborough’s labour market that began last September.
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