Job Rate Remains Stable Through Most of Northern BC

By CKPGToday - CP
March 9, 2018 - 7:52am Updated: March 9, 2018 - 5:40pm

PRINCE GEORGE - 'Steady as she goes' sums up the latest unemployment figures for parts of northern BC while other areas bucked the provincial trend and bumped up marginally. 

The rate in Prince George stood at 7.0% in February, while the Cariboo region experienced a rate of 7.3%.  Both figures are unchanged from a month earlier.  However, the two rates are down significantly from a year earlier.  The February 2017 rate in Prince George stood at 7.9% while the Cariboo rate was at 9.7%.

The Northeast saw its rate increase slightly from 5.7% to 6.2% in a month to month comparison while the North Coast/Nechako region saw a similar increase as the rate moved up from 3.8% to 4.5%.

Across BC the rate was pegged at 4.7%, down one-tenth of a point from January.  Victoria was the only major city in the province to see its rate increase.

Nationally, the economy netted 15,400 new jobs in February, allowing the unemployment rate edged down a tenth of a point to 5.8%.  But Statistics Canada reports the gains were due to a bump in part-time work which offset a decline in full-time positions.


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