P.E.I. unemployment breaks 12%
The unemployment rate on P.E.I. was 12.2 per cent in May, the first time it has been more than 12 per cent since March 2013.
Job numbers on the Island have been trending downward since February, when they hit a peak of 74,700. Job numbers recovered somewhat in May, but an increase in the workforce drove the unemployment rate up.
Full time jobs have been particularly hard hit, with a loss of 800 since February.
Nationally, job numbers have changed very little since February. The national unemployment rate in May was 7.0 per cent.