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Niagara’s Unemployment Rate Jumps to 7.8 Percent

Thursday, 9 April 2020 at 13:06

By Marcie Culbert

The Canadian economy lost over one-million jobs in March.

Statistics Canada says the national unemployment rate jumped to 7.8 percent, which is the largest single-month increase in more than 40-years. 

It was sitting at 5.6 percent in February 

Niagara’s jobless rate is also 7.8 percent, which is a significant increase compared to the 5.5 percent reported the month before. 

Ontario’s rate jumped from 5.5 percent to 7.6 percent. 

 

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