Unemployment Rate Plunges in P.G.

Friday, June 04, 2010 07:52 AM

Prince George, B.C. – The Prince George unemployment rate for May is about half of what it was for the same month last year. The rate last month was 6.5%, compared to 11.6% n May of 2009.

The jobless rate for the Cariboo region fell to 7.5%, down from 12.9 recorded in the same month a year ago.

Provincially, there was little change with the rate slipping slightly to 7.5% down from 7.6% while the national rate dipped to 8.1% from the May 2009 mark of 8.5%

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Posted on Friday, June 04, 2010 07:52 AM in News by 250 News

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Comments

Posted by: IMO on June 4 2010 8:05 AM

This will not surprise anyone.

Posted by: pgguru on June 4 2010 8:22 AM

its worst,people e.i ran out.thats how the rate plunged!

Posted by: jonnypg on June 4 2010 9:08 AM

Exactly, pgguru!

Posted by: Denaljo on June 4 2010 9:23 AM

How much did the welfare rate go up???

Posted by: Andyfreeze on June 4 2010 9:25 AM

How many are minimum wage,summer jobs?

Posted by: chrislivingdowntown on June 4 2010 10:03 AM

Denaljo Welfare rates haven't moved in years.

Posted by: bill on June 4 2010 1:45 PM

Canfor - Polar div just hired 30+ guys, started third shift in the planer, should have been looking for a job rather than surfing the net. lol

Posted by: pgguru on June 4 2010 2:01 PM

polar hired 30guys how about the other
20 000 unemployed in this city?

Posted by: acopolympics on June 4 2010 3:02 PM

20,000? You're saying that there is at least 50% unemployment in PG? Not sure where you get these numbers from. DowntownChris, he was talking about numbers of people going on welfare changing, not what welfare pays out changing. I still say, there sure seems to be a lot of traffic going somewhere virtually every hour of the day and stores that are crammed full constantly. When did the recession happen? Bottom line, if you're working there is no recession, if you're laid off, then you may think there is a recession. The only people feeling a recession are those who had high paying jobs they thought were going to last forever (in the forest industry in particular) and lived well beyong thier means all the time. Now reality has come and bit them on the ass.

Posted by: pgguru on June 4 2010 6:22 PM

acopoolympics,people are hurting,stores are not crammed!that just people at tim hortons,thats where everone goes to socialize.why are so many bussiness going under? have u seen the recent foreclosures?does that tell a tale?

Posted by: Eagleone on June 4 2010 7:14 PM

With the mill closures a lot of the older workers may have left for a better life elsewhere and the younger generation is getting an opportunity to fill their jobs as they come back on line... I would bet the city population still declined again this year though....

Posted by: supertech on June 5 2010 8:16 PM

Just about everyone I know is retired. Even the 54 year old who was out of work when NCP burned and is on EI. Whoever supplies this EI info is way out of whack. If people no longer qualify for EI that doesn't make them employed. To the feds: Please do an honest and accurate count of unemployment or just shut up about it.