Prince Edward Island’s unemployment rate reached 6.8% in November

Prince Edward Island’s unstable employment 12 months continued to zigzag in November, in response to Statistics Canada information launched Friday.

The province recorded a complete of 84,700 jobs in final month’s Labour Pressure Survey, down 1,500 jobs or 1.7 per cent from October.

Statistics Canada famous that November was the third decline in 5 months for P.E.I.

The province’s unemployment price jumped by 1.4 share factors to 6.8 per cent.

“Employment elevated in Quebec in November, whereas it declined in Prince Edward Island, Newfoundland and Labrador, Manitoba, Alberta, and British Columbia,” the statistics company reported. 

P.E.I.’s 84,700 jobs in November represented the bottom variety of positions since April of this 12 months, when there have been 200 fewer individuals working. 

In comparison with a 12 months beforehand, the Island had 1,600 extra jobs this November in goods-producing sectors together with agriculture, fishing, forestry and building. Complete employment stands at 20,100 jobs.

There was an excellent larger improve in service sector jobs, from 60,900 jobs final November to 64,600 in the identical month in 2022.

That sector contains jobs in well being care, retail and wholesale commerce, public administration and schooling, amongst different positions.