Unemployment Drops in P.G.
Prince George, B.C.- The Unemployment rate for September in Prince George was 6.1%, down from the 7.3% recorded in the same month a year ago.
“That decrease is not statistically significant” says Statistics Canada’s Andrew Fields. He says there were 48,000 people in the workforce in Prince George last month, while there were 48,200 in September of 2015.
There was little change in the Cariboo region, with the unemployment rate slipping to 7.4% down from 7.7% of a year ago.
It is the overall B.C. numbers which are the real story says Fields. With an unemployment rate of 5.7% last month , compared to 6.4% in September of last year, B.C. has the lowest unemployment rate in the country. He says employment growth from September of 2015 is 2.6%, with 62 thousand more people working in this Province. That employment growth rate is well above the national employment growth rate of 0.8%
Nationally the unemployment rate was unchanged at 7%.