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Friday, July 6, 2012

Unemployment Rate Down In City

Unemployment last month in Saint John dropped from 8.2 in May to 7.8 per cent. The jobless rate for the province has gone up from 9.4 to 9.5 per cent.

The unemployment rate across the country fell in June from 7.3 to 7.2 per cent with the addition of 73 hundred jobs which is considered minimal. Ontario was the only province showing any significant job gains.
 
A survey of employers this week found 40 per cent expected to hire fulltime workers in the second half of this year. That compares to 43 per cent for the same period last year.