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Labour Market Bulletin, First Quarter 2004
An Analysis of the Cornwall/Hawkesbury Area Labour Market
Human Resource Centre of Canada
Highlights:
- Labour market weakened in First Quarter 2004.
- Quarterly unemployment rate averaged 7.5%- up 2.1 percentage points from the previous quarter.
- Construction activity slowed as permit values declined, particularly in Cornwall's industrial and commercial building sectors. City officials anticipate the industry will turn-around in 2004 due to major projects on the books.
- Manufacturing shed jobs in textiles, steel, electronic assembly and plastics. The rise in the Canadian dollar affected profitability and competitiveness in the industry.
- Quarterly employment in Trade declined. However, the opening of a new Home Depot in Cornwall by Fall 2004 bodes well for future job prospects in the local industry. The new firm will create 225 jobs.
- Employment in Education and Health and Social Services expanded in response to increased registrations and higher client volumes.
- The local Accommodation and Foods Services industry experienced setbacks as tourism eased. Experts claimed that the SARS outbreak and the rising Canadian dollar were major contributing factors.
The complete publication is available in a Printable Adobe Acrobat PDF version 
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