PG’s unemployment #’s drop slightly
PRINCE GEORGE – Prince George’s unemployment rates for February sits at 6.4%, which is down from 7% in January. However, it is still higher than the provincial rate of 4.5%. But Stan Mitchell with KPMG says it all has to be taken into context.
“Our labour force has actually come up by 1,400 more people from January, which is a good thing because, of those 1,400 people, 1,100 found jobs. And those jobs are all full-time jobs.”
The unemployment rate is actually skewed by the 300 people who did not find jobs.
He says he reads two things into that. One, people are coming to Prince George in search of work because there is work to be had and that Prince George’s workforce picture is very volatile.
