Dec. 4, 2009
FREDERICTON (CNB) - One thousand New Brunswickers were working last month compared to the same month last year. The unemployment rate was nearly steady, at 8.8 per cent, compared to the same month last year.
These were the highlights as Post-Secondary Education, Training and Labour Minister Donald Arseneault reported on New Brunswick's results in the labour force survey for November from Statistics Canada.
"I am pleased to see that unemployment rate is holding fairly steady," Arseneault said. "Our government will continue to make strategic capital investments as outlined in our recent provincial budget that will help keep the New Brunswick economy moving forward."
New Brunswick had 367,800 persons employed in November, up by 1,000 compared to the same month last year but down from 1,600 from last month.
New Brunswick was one of only three provinces to experience employment growth year-over-year. Prince Edward Island's employment level increased by 2.2 per cent, while New Brunswick tied for second place with Nova Scotia with a 0.3-per cent increase year-over-year. The national employment level decreased by 1.5 per cent during this period.
New Brunswick's unemployment rate was up by 0.1 of a percentage point compared to the same month last year.
After being lower than the national rate two months in a row, New Brunswick's unemployment rate in November was 0.3 percentage points higher than the national rate of 8.5 per cent. The national rate during the same period increased by 2.1 percentage points.
New Brunswick's labour force stood at 403,300 in November. This was 300 less than last month but 1,400 more than the same month last year.
With one month left in this year, the province is expected to fare the same or slightly better than last year when the annual figures for 2009 become available in January.
Employment growth in November was strongest in the following sectors: finance, insurance, real estate and leasing; accommodation and food services; and agriculture.
MEDIA CONTACT: Lori-Jean Johnson, communications, Department of Post-Secondary Education, Training and Labour, 506-476-0542.