Dec. 5, 2008
FREDERICTON (CNB) - The labour force in the province has increased by 4,600 compared to the same time last year, Post-Secondary Education, Training and Labour Minister Donald Arseneault reported today on the monthly labour survey released by Statistics Canada. The unemployment rate in the province stood at 8.7 per cent in November, down from 8.8 per cent in October.
"With today's economy and pressures on our markets, it is especially important that we monitor these numbers so we can be fully prepared for any possible adjustments to employment programs, if necessary," Arseneault said. "We want to ensure that New Brunswickers have the tools they need to be engaged in our labour force and be successful in this place."
The labour force, which measures the number of people working and looking for work, now stands at 402,300. The Statistics Canada figures show that 367,400 New Brunswickers were employed in November, a decrease of 1,800 from October, and down 1,600 compared to the same period last year.
"New Brunswickers have consistently demonstrated confidence in our economy, which is evident by the increase of the size of our labour force year-over-year," said Arseneault. "I am encouraged by this increase. This is a good indication that we are still on the right track to achieve our goal of self-sufficiency by 2026."
Employment growth in November was strongest in the following areas: utilities, public administration, and agriculture.
MEDIA CONTACT: Sheri Strickland, Department of Post-Secondary Education, Training and Labour, 506-453-8617.