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The
unemployment rate in Ontario was 7.7 per cent in the fourth quarter of
2011. This was an increase of 0.1 percentage points from the third
quarter, and stands 1.7 percentage points below the recent peak from the
second quarter of 2009. The
total number of people employed decreased in the fourth quarter of 2011,
after three quarters of continuous growth. On
a seasonally adjusted* basis, there were 13,500 fewer jobs in the fourth
quarter of 2011 than there had been in the third quarter. This included a
loss of 25,200 full-time positions, which more than offset a gain of
11,700 part-time-positions. Decreases
in total employment occurred in agriculture, construction and
manufacturing, and in trade, transportation and warehousing, the financial
sector, and information and cultural services. Losses were partially offset by gains in natural resources and utilities, as well as in scientific services, business, education, healthcare, accommodation and food services and public administration. * Seasonal adjustment removes normal seasonal
fluctuations.
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