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What Is the Unemployment Rate In This Area

By Ben Meisner

Wednesday, January 13, 2010 03:45 AM

 A 13.6% unemployment rate reported, a working population that has seen its benefits expire (and for all intents and purpose are no longer on the unemployed lists) suggest that the economic woes of this region are far from over.

If you factor in let’s say a figure of 6% for those people who have dropped off the radar in the job market and you quickly have a realistic unemployment rate of around one in five workers.

Strangely enough there doesn’t seem to be that kind of unemployment in the community and do eight of ten people working in the region create enough trade and commerce to offset this figure?

In a recent interview, Helmut Pastrick, Economist with the BC Central Credit Union pointed out that we as a society are living with much more debt than previous generations. Where in the past it was not socially acceptable to carry a lot of debt, that world has changed.

Is that in part why we seem to be moving along without what appears to be serious concern on the horizon?  Or is it that the economy of Northern BC no longer relies on forestry and the spin off jobs that it brings with it? An unemployment rate of 20% should bring with it serious concerns,   and it hasn’t.

I’m Meisner and that’s one man’s’ opinion.


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I have taken a liberty by posting my comments from the previous writings dealing with the matter of a spelling error..


Please accept our apologies for the spelling errors. We were away from the city and the desk was not covered.
We have corrected the errors.
Opinion250 is generally regarded as one of the top news sources in the central part of BC. The sheer volume of stories being produced lends itself to mistakes. As you are all aware, we do not charge for our service, and hopefully as revenue grows in the future, at some date, we will be able to afford a proof reader. In the meantime please accept our apology in advance for any future spelling errors that we will make.
I can handle spelling errors.....
no one is perfect. It's the stories and the news that are important so unless a spelling error changes the meaning of a story then I don't think it is a serious issue. Most likely it's a keying error and not serious.

totaly agree it is the story that matters
Why people are so anal about spelling in this day and age of short cut typing that you find all over the internet. BIG FRIGGING DEAL ALREADY! If all you can get out of a story is the spelling then you definitely need to get a life. If you are an English teacher then one can understand. There are so many different cultures in Canada. Lots of people had to learn English. That in itself is a great feat, who cares if they make a spelling error? One needs to be smart enough to see the meaning of the writing and not stall on the spelling errors.
To peple who complane about spelling...If you can't understand the intent of the artacle becuz of spelling and if the word mispelld is unrecognizible then you have reson to complane. Otherwize SUK IT UP!! Some of us have not went to skool as long as you fokes did.
"One needs to be smart enough to see the meaning of the writing and not stall on the spelling errors."

People are sure sensitive about this. The problem is that spelling errors and bad grammar can undermine your message. If you spell like someone with a grade 4 education, I'm not likely going to care what your message is. And I'm not alone. So deal with it.
The effects of the high unemployment rate in this area has not worked its way through the system yet. We at this point in time are somewhat cushioned by the fact that we have.

(a) A huge number of Government Employees in this town. Ie; College, UNBC, Health, City, Provincial, Federal, etc; etc; approx 10,000 high paying jobs.

(b) A large number of people receiving Government assistance. (Welfare) GST rebates, etc;.

(c) A large number of people retired, but receiving pensions. Most people do not realize that a couple who worked for 30 years on a good paying job, would receive six pensions when they retired at age 65. Ie; Company Pension, Canada Pension, Old Age Pension, and some would have RSP's. For a retired couple, this scenario would bring in a household income (Net) in excess of $70,000.00.

(d) Then of course you have a huge amount of lower income workers at places like Walmart, Cdn Tire, Home Depot, and other commercial busness's, including the Casino.

(e) And last but certainly not least you have the higher income workers, such as forestry workers, pulpmill workers, etc; that make up a huge portion of the workforce. 36% I beleive. These are some of the jobs that have been lost.

Once the unemployment works its way through the system, those people employed at the commercial enterprises, will start to be laid off. (It is already happening) and there will be a domino effect that will hit Prince George pretty hard.

The City hasnt diversified in the true sense. What it has done is expanded all the normal amenities to accomodate the increase in Government workers, UNBC, etc; and to service the smaller towns in the area, however these smaller towns are also feeling the pinch and this will also be felt in Prince George.

The last people (as usual) to feel the pinch will be the high paid Government workers, however at some point if the economy doest turn around these people will also be looking at lay offs and transfers.

So that is why we are still operating under the illusion that everything is fine, when in fact we are very close to a major downturn. Without some increase in the jobs in the forest industry and some indication of new industry locating here we are in for some long term problems.

It is because of the real threat of a serious downturn in the economy of the North Central Interior, that the different levels of Government are spending so much money here on projects that at best could be described as **make work projects**. Highway improvements, Bridge building and expansion, Airport Runway Expansion, Boundry Road Cut Off. River Road upgrade.

Problem is,. this is all Government money, and there is very little private money being spent in the area. Once the Government money is spent, then what???

The major projects that might bring some employment to the interior would be the Highway 37 transmission line. the new smelter at Kitimat, some mining activity on Highway 37, however these projects are 500 miles away from Prince George and will have very little or no effect on this City.

The closure of Kemess North could be offset by the opening of the Terrane mine close to MacKenzie, with no net gain of jobs.

The Governments long range forecasts for the Northern Interior, show a negative, or no growth rate for the population. A decline in enrollments in the School Districts, and at best a 1 or 2 % increase in enrolments at the University. This is not good, for this area.

We will see some more Federal, Provincial, and Municipal spending in the next few years, mainly because both the Provincial and Federal Governments are counting on this area to help them get re-elected, however once the new Governments are in for a 4 year mandate, you can rest assured that the money will start to dry up.

I think it is time to batten down the hatches, as we are heading into a big economic storm, and only the fittest will survive. Those who are up to their butts in debt, could be in for some serious problems. The banks are indicating that mortgages will be harder to get, and that interest rates will rise next year.
MrPG and others
If you can't accept the odd spelling mistake. If it bothers you in the way it seems to. Do yourself and the rest of us a service. Don't read 250, They, I'm sure, along with the rest of us won't miss you.

Thanks for your advice trudy, but I think I'll hang around for now. This is Opinion250, and my opinion is just as valid as yours.
Actually ones opinion is only valid if others agree. From what I have seen on Opinion 250 is that MOST do not agree with MrPG.
All this over spelling errrrrrrors...OMG! Oh and grammarrrrrrr makes people not take you seriously!!! OMG! Get a freaking life people. There are children right here in PG hungry and all you can focus on is spelling? There is a whole new way of speaking and writing on the internet and SPELLING is ignored all the way through it. No one cares!
Who cares about spelling? You get the drift, I see a lot of posts on this site that the author doesn't know the difference between to, two and too or there and their who cares? I still understand what they are saying.
And the unemployment rate is way too high around PG and lots of laid off workers have dropped off the radar.