Prince George Unemployment Rate Rises
Prince George, B.C. – The unemployment rate in Prince George was 6.6% last month, two full points higher than the 4.6% recorded in October, 2014.
Statistics Canada analyst Lahoura Yssaad says there were 48,000 people working in Prince George last month compared to the 52,000 who were employed in the same month a year ago.
For the Cariboo region, the unemployment rate rose to 7.1% from an even 5% recorded in October, 2014.
B.C.’s rate remained at 6.3%, precisely where it stood in October one year ago. Yssaad says the province actually recorded employment growth with 23,000 more people working last month than one year ago, 20,000 of them in the youth employment category which covers the 15 to 24 age group. She says the unemployment rate remained the same as there were more people in the labour market.
The National unemployment rate saw a minor decline to 7% from the 7.1% recorded in October, 2014.
Comments
and what does our Jobs Minister, Shirley Bond have to say about this?
Must be harpers fault!
KEEP giving the jobs away to TFW. KEEP the BC worker off the site c project. KEEP bringing in foreign and other Canadian provinces labour and you wonder WHY the unemployment rate is sky Rocketing in BC. DUH!
Not Harpers fault he’s out. It’s Doherty’s fault.
Any country that needs to have 100% of its workforce employed to provide itself with 100% of all the goods and services it needs and desires must be one awfully inefficient country. You are always shown a rise in unemployment statistics as if this was something terrible. But like it or not the world has been working at putting itself out of work for a very long time. And the pace it does this is only going to accelerate in years to come. It would make far more sense to recognise this FACT, and begin to realise there needs to be an alternate way to distribute incomes than simply through having a job. Even if we could have 100% full employment all the time, the total amount paid out in any given period in wages and salaries will never buy ALL the production generated in that SAME given period at the total costs of its making. And if you can’t do that in any one period, how then can you do it in the next one, or any following that?
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