Unemployment rate drops in Windsor

Andrew Cummings
January 6, 2019

Health care and social assistance also saw an increase with the addition of 300 jobs.

Data released on Friday by Statistics Canada said "overall employment in the province has been increasing since June 2016".

The unemployment rate in December was 4.7 percent compared to 4.3 percent in November of 2018.

That said, employment as a whole in 2018 rose by 163,300 position, or just 0.9 percent, the lowest yearly increase since the 0.9 percent seen in 2015.

In B.C., the province saw an increase of 44,000 jobs in 2018, nearly entirely full-time work.

Statistics Canada said unemployment dipped down to 5.4 per cent last month from six per cent in November.

Porter added that he doesn't believe anything in the new jobs data will sway the Bank of Canada in terms of a rate decision.

However, wage growth showed a weak reading of 1.49 percent last month, which was well below inflation.

In Ontario alone, employment increases by 1.1 per cent. Statistics Canada says that increase is all in full-time work.

Even with the increase in the unemployment rate, the number of people working in the region increased to 40,300.

Employment ended up growing 1.8 per cent, which is double the national average and the unemployment rate was 4.4 per cent, which remained the lowest in the country.

The central bank, which will make a rate announcement next Wednesday, has raised its benchmark rate five times since the summer of 2017 in response to Canada's strong economic performance. Employment saw a 2.5 per cent rise year-over-year, but from November to December, it fell 0.5 per cent. Unemployment increased 7.3 per cent since December 2017.

With files from The Canadian Press.

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