Oshawa’s unemployment rate continues to drop

While the national unemployment rate climbed last month, Oshawa’s dropped even further in august. According to Stats Canada the 3-month rolling average sits at 7.6 percent, down by more than a full percentage point from June. Mayor John Henry says that’s no surprise, after Oshawa was listed as Canada’s third fastest growing economy, behind Regina and St. John’s. He says the City has transformed itself from a manufacturing economy, to a manufacturing, education, medical and construction economy. The unemployment rate in Toronto also fell, down two-tenths of a percentage point to 8.1 percent.

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