Post-Secondary Education, Training and Labour

2,900 more people working last month, unemployment rate drops (09/10/09)

NB 1541

Oct. 9, 2009

FREDERICTON (CNB) - There were 2,900 more New Brunswickers working in September as compared to the previous month, which sparked a large drop in the unemployment rate, to 8.1 per cent.

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

"This is the first significant drop in the unemployment rate since last fall, and it shows that our province continues to battle through these tough economic times," said Arseneault. "This is an indication that our initiatives to create employment and help companies grow are working to help our province weather this economic storm."

New Brunswick experienced a 1.2 per cent drop in its unemployment rate in September over the previous month, to register the rate of 8.1 per cent. Employment stood at 367,800 in September, 2,900 more than the previous month. New Brunswick was one of only three provinces with notable month-over-month employment gains.

According to Statistics Canada, New Brunswick's labour force stood at 400,100 in September, which was 800 more compared to the same month last year.

"Our goal is to see that our province emerges from this downturn with an economy that's more robust and more diverse than ever," said Arseneault. "We are working hard to develop our economy and further our goal of a self-sufficient New Brunswick by 2026."

Employment growth in September was strongest in construction; agriculture; and the information, culture and recreation sectors.

09/10/09

MEDIA CONTACT: Marie-Josée Groulx, communications, Department of Post-Secondary Education, Training and Labour, 506-444-3465.

09/10/09