Post-Secondary Education, Training and Labour

3,400 more people working last month as rate drops compared to last June (09/07/10)

NB 982

July 10, 2009

FREDERICTON (CNB) - More than 3,400 more people were working in the province last month compared to June 2008. New Brunswick was the only province to have a decline in its unemployment rate during this period.

These were the highlights as Post-Secondary Education, Training and Labour Minister Donald Arseneault reported on the Statistics Canada labour force survey for June.

"I was encouraged by the fact that we were one of only two provinces to experience employment gains on a year-over-year basis last month, especially during these economic times," said Arseneault. "Our province has shown a stable employment rate and has experienced other positive signs since last year. This indicates that we are on the right track in working to address the needs of our economy through capital investments and recent budget initiatives."

Statistics Canada revealed that New Brunswick had 366,900 people employed in June. This was 3,400 more than the same month last year and 1,400 more than the previous month. The labour force stood at 404,000 in June, up by 1,500 compared to the same month last year, showing an increase of 3,400 since May.

A strong labour force and growth in employment helped the province register an unemployment rate of 9.2 per cent, which was 0.5 per cent lower than the unemployment rate of 9.7 per cent in June 2008 but up from last month's rate of 8.8 per cent.

"Our recent plan for lower taxes, to help companies grow in New Brunswick, will attract outside investment and continue to promote healthy employment in our province," said Arseneault.

Employment growth in June was strongest in the following sectors: agriculture, construction, finance, insurance, real estate, and leasing.

09/07/10

MEDIA CONTACT: Sheri Strickland, communications, Department of Post-Secondary Education, Training and Labour, 506-443-8617.

09/07/10