Monday, May 14, 2007

You won't see this in the Moncton Times & Transcript

uh-oh.

The latest labour force data for New Brunswick has been released, and behind the rosy announcements there is a very troubling figure.

It appears that Metro Moncton, the dominant engine of employment growth for much of the last decade, has stalled a bit, or to be somewhat blunt, apparently fallen off a cliff.

According to the Labour Market Bulletin, Metro Moncton now has 6,000 fewer in its labour force than last year. It's participation rate dropped a whopping 6.4%.

Yikes. How can any NB urban area lose 6,000 from its labour force, and everybody miss it?

Did Bernard Lord suddenly take half of his old constituents with him when he started communiting to Montreal?

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