Clear Full Forecast

Unemployment Down Again in P.G.

By 250 News

Friday, April 08, 2011 07:40 AM

Prince George, B.C. - Unemployment in Prince George was  5.8% last month, down from the 9.6% recorded in  March of 2010.

Vince Ferrao of Statistics Canada  says the gains were made mostly in the service industry, transportation and warehousing. For the Cariboo region, the rate  dropped to 7.6% in March of  this year  compared to  10.4% in March of 2010.

Provincially, the rate  was  also down .  It dipped to 8.1% last month compared to 8.8% in March of 2010 and Nationally, there was a minor drop to  7.7%  down from  the 7.8% in the same month a year ago.


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Posted on Friday, April 08, 2011 07:40 AM in News by 250 News

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Comments

Comment Posted by: BCRacer on April 8 2011 8:52 AM
Did unempoyement rates go down or is it just that people are no longer eligible for Employment Insurance benefits? and are no longer on the list? wonder if teh welfare list went up?
Comment Posted by: NoSeverance on April 8 2011 9:25 AM
That's what I was thinking!
Comment Posted by: gus on April 8 2011 9:40 AM
Same olde, same olde, comments. Why? because the unemployment rate by itself is totally meaningless. One needs to look at the numbers that go into arriving at the ratio of the unemployment rate. The key raw figure missing is the number of people working - the number of full time and the number of part time. The full time number went up across the country. The part time number went down across the country. The above numbers say nothing about the local situation.
Comment Posted by: kolberg on April 8 2011 9:40 AM
According to Statistics Canada's website the reported unemployment rate is not connected to the number of people on EI.

It is done by a survey and not from looking at EI numbers.

You are considered to be unemployed as long as you want to work but can't find a job.
Comment Posted by: BCRacer on April 8 2011 6:30 PM
well I would like to know where all these surveys are being done. I have been in this town since 1972 and have yet to even see an servey going on let alone have a chance to participate in one.
Comment Posted by: Headshake on April 11 2011 6:06 AM
How many times have you refused to participate in a phone survey?