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Friday, November 2, 2012

Scary Unemployment Stats For NB

Unemployment in New Brunswick has jumped to a whopping 11.6% this month....with thousands out of work all over province the Atlantic Provinces Economic Council saying we need to work on growing jobs in new sectors like renewable energy, bioscience, and wood processing.  

Still, APEC Senior Economist Fred Bergman tells CHSJ News it's unlikely that we'll see much growth in the coming years.

Bergman says despite the high unemployment we still have a shortage of skilled workers throughout Canada, which is obviously a problem. The jobless rate in Saint John actually declined a bit from 9.1 to 9 per cent.