It’s interesting. It seems passing Newfoundland & Labrador with the highest unemployment rate in Canada among the 10 provinces has at least raised a few eyebrows.
As I pointed out in my column on Saturday, getting the public interest in jobs and the economy remains a difficult challenge.
Now New Brunswick’s big three urban centres are sheddings – in the past 12 months Saint John and Moncton shed a combined 6,300 jobs (on a seasonally adjusted basis). The whole province only saw a decline of 5,600.
When it was northern and rural NB struggling, some folks called it an unfortunate but necessary adjustment as folks move to the bigger cities. I wonder what they will say now that Moncton has joined the mix? How about an unfortunately but necessary adjustment as folks move to Alberta?
The reality is we need economic growth – new sources of business investment, entrepreneurship and job creation. Shuffling economic activity from one part of NB to another is not a long term solution.