BUSINESS

Ontario Unemployment Rate: Province Made Significant Job Gains In July, StatsCan Says

08/10/2012 11:50 EDT | Updated 10/10/2012 05:12 EDT
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TORONTO - Ontario bucked a trend of job losses last month as the only province to make significant gains with 10,600 new jobs.

Economic Development Minister Brad Duguid says the latest numbers from Statistics Canada show Ontario's economy continues to grow despite challenging times.

He says it's also evidence the province is on the right track when it comes to strengthening its economy, although there's more to do.

But TD Economics points out all of the jobs created were part-time, and says Ontario has a long way to go before reaching its pre-recession unemployment rate.

The Progressive Conservatives say the province lost 22,000 more manufacturing jobs in one month.

They say it's another terrible blow for the economy and the result of nine years of Liberals overspending.

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