Regional unemployment rate at record low
The July unemployment rate for region Bruce, Grey, Huron and Perth region has hit its lowest level since 2001, dropping to a record-low 2.9 per cent.
The Four County Labour Market Planning Board released its report for July, which uses data from the latest Statistics Canada Labour Force Survey. The decrease of the unemployment rate, the board reported, was mostly due to a notable gain in employment. At the same time, the unemployment rate in Ontario increased by 0.2 per cent to 6.4 per cent.