(For the record, Niagara At Large is posting the following media release on jobless rates in the Niagara, Ontario region for your information.)
St. Catharines, Ontario – MP Rick Dykstra welcomed the news that St. Catharines-Niagara’s unemployment rate dropped by more than a percentage point over last month.
Federal Conservative MP Rick Dykstra for St. Catharines riding.
Statistics Canada reported this morning that across the country, a record 108,700 new jobs were created in April, lowering the unemployment rate to 8.1 per cent. This is the largest monthly job gain on record. Locally, St. Catharines-Niagara saw its rate drop from 10.4 per cent to 9.3 per cent meaning there were 2,400 fewer jobless in the region.
“Today’s numbers show yet again that Canada’s Economic Action Plan is working”, said Dykstra. “And the investments we have made locally are clearly making a difference in terms of job growth and economic recovery.”
Dykstra pointed to last week’s announcement by General Motors of a $235 million investment in its St. Catharines Powertrain facility to build GM’s next generation of fuel-efficient engines, as an example of the recovery taking hold in Niagara.
“Even as we expand our opportunities by supporting the growth of a knowledge-based economy with investments in companies like Silicon Knights, news that our manufacturing sector is also bouncing back means a quicker and fuller recovery”, said Dykstra.
While these numbers are encouraging, the global recovery remains fragile and for this reason jobs and growth remain our government’s top priority.
Niagara’s jobless rate drops, as Canada’s economy continues to recovery.
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