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Friday, August 9, 2013

A Dip In The Jobless Numbers May Offer Hope

Whether it's because more people headed out west or there were more jobs created, who's to say. 

The unemployment rate in the city did go down from 11.2 per cent to 10.9 per cent and it also declined provincially from 11.2 to 10.2 per cent. 

Saint John M-P Rodney Weston believes things will get better starting with the pipeline announcement.

He says Saint John knows the value of a project of this nature because it has an impact on how our community grows.

Even Kevin Lacey, the Atlantic Director of the Canadian Taxpayers Federation, is sounding a bit more optimistic about the provincial economy.

Lacey says good things are happening so if we can get the pipeline built and shale gas on board then perhaps we can grow the economy enough to attack that deficit.

Saint John still has the highest unemployment rate of all the cities in the Stats Canada survey and the only one still in double digits.