Peterborough Had Lowest Unemployment Rate In March

Great news for Peterborough, as new stats released show the city had the lowest unemployment rate of Canada's 34 census metropolitan areas in March.

Statistics Canada reports that Peterborough's rate fell to 4.3% in March—all the way down from 6% in February, 6.7% in January and 7.6% in December. Stats Canada analyst Vincent Ferrao says the unemployment rate in Peterborough hasn't been this low since way back in late 2003.

After having the second highest jobless rate of Canada's 34 census metropolitan areas back in November, Peterborough is now tied for the sixth best rate.

The province is projecting the Ontario economy will grow by 2.2 percent this year, so Peterborough needs to continue to capitalize on this momentum in the job front.

[Related: Top 10 Opportunities For Growth In Peterborough]

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