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Construction Employment Stabilizes but Ontario Posts Record-High Unemployment Rate

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Statistics Canada released May’s job numbers on Friday, showing that the decline in construction jobs in Ontario has stopped. Although the industry began reopening non-essential construction in early-May, employment has not yet begun to recover.

Job losses have been arrested in the construction industry, and the province as a whole, however, the seasonally-adjusted unemployment rate increased in May to its highest on record.

Click here to see the full Economic Update bulletin with detailed analysis.

 

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