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Guelph ‘At The Cusp Of Full Recovery’ Following COVID-19 Economic Slow Down

via guelphmercury.com

Employment numbers among the highest in the country; cautious optimism moving forward as second wave, school reopenings could lead to more cases and subsequent shut downs

Guelph’s economy continues to recover from the initial shock of the COVID-19 pandemic, but there is still a long ways to go before things can get back to normal.

According to the latest numbers from Statistics Canada, the Guelph census metropolitan area – which also includes Puslinch and Guelph-Eramosa – had an unemployment rate of 11.0 per cent in August.

While double-digit unemployment rates are far from ideal, this is a marked improvement over numbers seen earlier in the summer, including June’s 14.9 per cent, the highest number on record for the area…

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