In May, Sudbury.com reported that the city's jobless rate — 5.4 per cent at the time — was the lowest in the decade. Now, it's fallen even more.
The unemployment rate in Greater Sudbury was 5.1 per cent by the end of May, falling 0.3 per cent over April. That's one of the lowest jobless rates in the city's history, Greater Sudbury said this week.
In terms of job growth, the Nickel City is doing well, too. Even though the number of jobs fell slightly in May, they are still at historically elevated levels, the city said.
There were 600 fewer full-time jobs in May, though this was offset slightly by a 200-job gain in part-time work.
Still, even with May's dip, Greater Sudbury has seen the fourth highest year-over-year (May 2018 to May 2019) job growth in the country.
.@GreaterSudbury is 4th in employment growth in Canada when comparing year-over-year data (May 2018 over May 2019) to other regions according to most recent data from @StatCan_eng Labour Market Indicators. https://t.co/kBUj1K3aC3 pic.twitter.com/1kbg9nBwOd
— Resourceful City (@ResourcefulCity) June 7, 2019
The stats show that full-time job growth was mainly in construction, trade services, and accommodation and food services.
There were offset by losses in natural resources, manufacturing, transportation and warehousing, the financial sector, education, and healthcare.
All figures are seasonally adjusted, three-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
