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October 28, 2017 5:56 am

Unemployment Drops in Prince George

Friday, February 6, 2015 @ 9:07 AM

Prince George, B.C. – Unemployment   dropped to 4.2% in Prince George last month, down from  5.7% recorded in January of 2014.There were 50,700 people working in Prince  George  last month, compared to 49,800  in the same month  a year ago.  “The change in the number of  employed is not statistically significant” says  Vincent Ferrao of Stats Canada Labour Survey ” However, the  1.5% drop in unemployment is.”

Regionally, the   unemployment rate for the Cariboo was 5% last month, down nearly  a full  percentage point  from the 5.9% recorded in January of 2014.

Provincially,  the rate was  5.6%,  down  from the 6.4% recorded in January of 2013.

Nationally the rate  dipped to 6.6% in January, down from  an even 7% in the same month a year ago.

Comments

Interesting numbers. Wonder how they gather the information.?

Payroll remittance from employers is likely how they derive the number.

This isn’t from the over six hundred people that left town?? haahhah

pgjohn. Your probably right, however if you hold two jobs are you counted twice or once. Many young people work at two or three different places.

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