Christmas on P.E.I. was something of a bust for creating part-time jobs in retail, and as a result the province’s unemployment rate remained above eight per cent for the second month in a row in December. The rate was unchanged at 8.1 per cent. Total employment was virtually unchanged from November to December in seasonally adjusted numbers, up just 100 jobs to 99,100. The unemployment rate had leaped by 1.9 percentage points in November, mostly due to a loss of 900 part-time jobs, with retail being a big factor in that loss. Last month, in unadjusted numbers, the economy had 1,100 fewer part-time retail jobs than it did in December 2022, and 1,900 fewer than in that pre-Christmas month in…
Published Date: 2024-01-05
Source: Yahoo News
Categories: Recreation, Picture Ratings, Society, Work, Workweek Reduction, Parodies, Business
