Timber companies in cameroon Published Apr 08, 2024  •  3 minute read

The Gordie Howe International Bridge is shown from Delray Park in Detroit on March 5, 2024. Large projects such as this one are fuelling population growth in the Windsor area. Photo by Dan Janisse /Windsor StarThe Windsor area’s unemployment rate increased slightly in March as the region saw 2,700 more people looking for work and the single-largest monthly jump in population in at least 25 years.

The area absorbed another 1,300 new residents last month, bringing the population growth to 3,600 in 2024’s first quarter.

“The unemployment rate increased 0.1 to 7.5 per cent, but if you take a deeper dive into the numbers, they were all positive,” said Workforce WindsorEssex project manager Corey Shenken.

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

Unlimited online access to articles from across Canada with one account.Get exclusive access to the Windsor Star ePaper, an electronic replica of the print edition that you can share, download and comment on.Enjoy insights and behind-the-scenes analysis from our award-winning journalists.Support local journalists and the next generation of journalists.Daily puzzles including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

Unlimited online access to articles from across Canada with one account.Get exclusive access to the Windsor Star ePaper, an electronic replica of the print edition that you can share, download and comment on.Enjoy insights and behind-the-scenes analysis from our award-winning journalists.Support local journalists and the next generation of journalists.Daily puzzles including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Sign In or Create an Accountor

Article content

“The most significant number is the labour force increasing by 2,700. That likely means the people moving to the area are now entering the workforce because they think they’re ready to look for a job.

“The fact we had 2,700 enter the labour force and employment went up 2,400 people is a good employment rate. It’s not all of them, but about 90 per cent found jobs.”

Shenken said with the thousands of jobs that will be created by the launch of the NextStar Energy battery plant and its supply chain, the new regional hospital, the ongoing construction of the Gordie Howe International Bridge and increased production at Stellantis’s Windsor Assembly Plant, it remains vital that the population continues to grow.

The Windsor census metropolitan area (CMA) population, which also includes Lakeshore, Tecumseh, LaSalle and Amherstburg, has grown by 12,100 to 324,200 in the past 12 months. The annual growth rate of 3.9 per cent surpasses the provincial rate of 3.6 per cent.

“What these numbers tell us is we remain an attractive area economically,” Shenken said. “We’ve anticipated this, but it’s nice to actually see that growth.”

Article content

The national unemployment rate jumped 0.3 percentage points to 6.1 per cent last month. In Ontario, the rate climbed 0.2 to 6.7 per cent.

Accommodating the rapid population growth has proven a long-term challenge in a slowing national economy as Windsor is tied with Toronto for having the second-highest unemployment rate growth (1.7 basis points) among Canada’s 20 largest CMAs over the past year. St. Catharines’ jump of 3.6 was the largest annual increase in the nation.

Despite that, the Windsor CMA’s addition of 2,400 jobs represented 9.2 per cent of Ontario’s job growth (26,000) in March. There were 186,400 people employed in the Windsor area in March. Nationally, there was a loss of 2,200 jobs.

Windsor-Essex Regional Chamber of Commerce CEO Rakesh Naidu was disappointed that the area didn’t see a decline in its stubborn unemployment rate.

“The unemployment rate going up isn’t great news,” Naidu said. “We see a few trends that concern us.

“We still have over 5,000 active job listings that have not been taken up. Manufacturing added 100 jobs, but isn’t as robust as we’d like to see.

Article content

“The expected slowdown in wholesale and retail trade, where we lost 1,700 jobs, was more than expected. It’s a drop of 6.3 per cent and that’s significant.”

Professional, scientific and technical services also shrunk by 1,000 jobs. Those losses were offset by gains elsewhere, however, with transportation/warehousing (1,100 jobs), finance/insurance/leasing/rental (1,000), construction (800), public administration (700), food/accommodation (200) and agriculture (200) powering job growth.

Recommended from Editorial

Windsor’s Industry Day exposes students to new job possibilities

Windsor battery plant draws flood of applicants as hiring begins

Naidu pointed out another encouraging sign was the growth in the local participation rate. That rate climbed .6 percentage points to 61.1 per cent.

“There are some headwinds, but optimism and belief in the region moving forward has not diminished,” Naidu said. “We’re poised for significant growth.

“It’s no coincidence people want to come to Windsor. They’ve done their homework.”

Dwaddell@postmedia.com

Twitter.com/windstarwaddell

Article content

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!