Unemployment in P.G. 6.5% in December

Friday, January 07, 2011 08:21 AM

Prince George, B.C.- The Unemployment picture in Prince George continues to improve over where we were a year ago.

Last month, the unemployment rate was 6.5%. That is about half of what it was in the same month in 2009, when the rate was 13.6%. Vincent Ferrao of Statistics Canada says the labour force survey shows there were 6,500 more people in Prince George working in December of 2010 bringing the labour force numbers up to 47,800, up from the 41,300 who had jobs in December of 2009.

As for the Cariboo region, the unemployment rate last month was 7.0%, down from the 12.% recorded in December of 2009. Ferrao says there was employment growth in all sectors across the region.

Provincially the rate inched up to 7.6% in December up from the 6.9% recorded in November of 2010.

Nationally the rate held steady at 7.6% in December, unchanged from November of 2010.

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Posted on Friday, January 07, 2011 08:21 AM in News by 250 News

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Comments

Posted by: Jim13135 on January 7 2011 10:04 AM

That is pretty impressive....47,800 people in Prince George work...isn't that over 50% of the population?? Imagine what the numbers would be if so many businesses had not been shut down in the core???

Posted by: DPJ on January 7 2011 1:31 PM

Good improvement to the economy. Participation rate in Prince George must be over 70%. With the economy continually improving, Prince George is in good shape to do very well economically in next few years.

Posted by: He spoke on January 7 2011 1:46 PM

You also got to remember that, Prince George is not what it was twenty years ago. It is now a government town. I would say, 40% of the work force probably work for one form of government or another.

Healthcare,School District, CNC, UnBC, Non Profit organizations which are publicly funded, City of Prince George, BC Government, Federal Government, RCMP, etc.

We also being the golden child of the Premier, also kept us in a bit of a bubble as well.

Look around, we got out of this economic melt down pretty easily.

Posted by: Huh? on January 7 2011 2:38 PM

Thats cause most the unemployed were locked up last month.

Posted by: Loki on January 7 2011 3:49 PM

http://www.cbc.ca/canada/british-columbia/story/2011/01/07/bc-unemployment-rate.html?ref=rss

Posted by: supertech on January 7 2011 10:19 PM

That's why we closed so many schools. We have a shortage if kids. 47,000 jobs. If you consider the unemployed, 400 street people, all the retired seniors; there isn't any room left for kids considering our population. Someone's not being truthfull here.