N.B. Needs Economic Transformation After Recovery, Says Economist
Herb Emery of UNB says the province was struggling before the pandemic, and the outbreak is exacerbating existing economic and demographic issues.
Herb Emery of UNB says the province was struggling before the pandemic, and the outbreak is exacerbating existing economic and demographic issues.
The new year brought a brightening job market to Halifax, as the number of people looking for work in the city began to drop.
The unemployment rate was unchanged at 7.5 percent as the number of people searching for work increased by 5,100 people.
The province gained nearly 900 full-time jobs, according the Statistics Canada Labour Force Survey released Friday, but lost 1,200 jobs overall because the economy shed 2,200 part-time positions.
Statistics Canada released a new jobs report Friday that showed average hourly wages last month were 3.6 per cent higher than they were a year earlier.