Unemployment has dipped again in Hamilton over last month, landing at 5.6 per cent, a full percentage point lower than the national average.
Statistics Canada figures show the three-month moving average of unemployment is below the national rate of 6.5 per cent. The country's jobless rate is at a six-year low.
Hamilton unemployment rate represents a month-over-month decrease. In August, the rate was 6.3 per cent. In September, it was six per cent.
Numbers fluctuate wildly, Stats Can says, because they're based on small statistical samples.
The national unemployment rate is dropping too, from 6.8 per cent in September to 6.5 per cent in October.
The numbers are for the Hamilton Census Metropolitan Area (CMA), which includes the cities of Hamilton and Burlington, as well as the Town of Grimsby.
Despite the rosy figures, a Statistics Canada report in September showed a mixed picture about the employment situation in the Hamilton CMA.
The region added 1,000 jobs in September, but the participation dropped from 66.7 per cent to 66.5 in the same period. That means the size of the available workforce shrank because of people who stopped looking for work or simply retired.
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