Jobless rate in Waterloo Region still below national average

The unemployment rate in Waterloo Region and Guelph remained below the national average in January.

The rate in Waterloo Region was 5.7-per cent last month, down from 5.8 in December. Guelph’s jobless rate remained
5.1-per cent.

Nationally, Statistics Canada says the economy added over 35,000 net new jobs.

That change nudged the unemployment rate down 0.1 to 6.6 per cent.

Meantime, the country lost 11,800 full-time positions in January, while it gained 47,200 part-time jobs.

The report says the natural resources sector lost eight-thousand, 800 jobs in January amid the global oil slump.

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