PG’s Unemployment Rate Remains Unchanged
Prince George, B.C. – There’s been no year over year change in Prince George’s unemployment rate.
“It was 6.5 per cent in November, that’s identical to last November,” says labour analyst Andrew Fields with Statistics Canada. “There were 47,000 people working in November and that’s also basically identical to how many people were working last November. There was also no real change in the number of people looking for work at 3,000.”
There was also little change in the Cariboo region where unemployment rose a statistically insignificant .1 per cent to 7.2. Field says that translates into about 80,000 people working and about 6,000 searching for work.
Provincially though, Field says it was a different story noting B.C. had a growth rate of 2.1 per cent, double the federal growth rate and the largest growth rate among all provinces.
“Which translates into about 48,000 more people working this November compared to last November”
He says the provincial unemployment rate was 6.1 per cent, down from 6.2 percent last year.
He says most of the new jobs (24,000) came in the finance, insurance, real estate and leasing sector while there were also 16,000 new construction jobs.
Federally, Field says the unemployment rate dropped .2 per cent to 6.8 per cent though he attributed the drop to fewer people looking for work.
He also says most of the new federal jobs were part time positions while full time job growth remained “virtually unchanged.”