Little change in jobless rate

Little change in Prince George’s unemployment rate

May 10, 2019 | 10:41 AM

PRINCE GEORGE — Little change in the year-over-year unemployment rate in Prince George.

“In Prince George, employment was down by 2,000 people, or 3.9 per cent,” says Martha Patterson, a senior market analyst with Statistics Canada.

“So, it was 49,300 in April and the unemployment rate was 5.7 per cent in April, which is little change from the 5.4 per cent we saw 12 months earlier.”

In the Cariboo economic region, she says employment was down 3,600, or minus 4.3 per cent year-over-year to 79,800 in April.

“And the unemployment rate was 6.2 per cent in April, which was little changed from the 5.9 per cent we saw 12 months earlier and the declines in the economic region were primarily in wholesale and retail trade.”

Provincially, B.C. continues to have the lowest unemployment rate in the country at 4.6 per cent.

Nationally, the unemployment rate edged down to 5.7 per cent with 106,500 net jobs created last month.

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