June 9, 2023 – CBC PEI: Prince Edward Island’s unemployment rate edged up in May, as part-time jobs in the province dropped by 1,500 compared to April.
The jobless rate was 7.2 per cent, up 0.1 percentage points from the month before, according to the Labour Force Survey posted by Statistics Canada on Friday.
However, the number of full-time jobs rose by 900, bringing the total number of jobs on the Island to 88,600. That’s down only 0.6 of a percentage point.
Looking at the year leading up to May 2023, the province had 3,400 more jobs overall — with the health care and social assistance sector gaining a whopping 2,400 of those jobs in the 12-month period for a 20.2 per cent increase.
Read the full CBC PEI story by Carolyn Ryan here