FOR IMMEDIATE RELEASE
August 8, 2014
SIMCOE – Statistics Canada’s July jobs report shows Ontario lost 29,300 full time jobs last month.
“Clearly, Ontario’s unemployment rate continues to be unacceptably high and the loss of full time jobs last month is a serious concern,” said Wellington-Halton Hills MPP Ted Arnott, Minister of Economic Development, Employment, and Infrastructure.
Overall, Ontario’s unemployment rate dropped from 7.5% in June to 7.4% in July. The national rate stands at 7.0%, down from 7.1% in June. July 2014 marks the 91st consecutive month that Ontario’s unemployment rate has stood above the national average.
“For Ontario to have a jobless rate higher than the rest of Canada for seven-and-a-half years is not acceptable,” said Haldimand-Norfolk MPP Toby Barrett. “Not only is this is an indication of the failure of the Liberal government’s job creation scheme, but it also shows the current high-tax environment is not conducive to attracting new business and industry.”
“The Provincial Government needs to encourage job creation by sending the right signals to the private sector,” Mr. Arnott agreed. “To do this, the Government needs to reduce the tax and red tape burden on businesses and get hydro rates, government spending, and debt under control.”
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For more information contact MPP Toby Barrett at 519-428-0446