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HomeNewsPG's unemployment rate drops to 6.3% in October

PG’s unemployment rate drops to 6.3% in October

About 800 more people found themselves employed in Prince George during October.

According to Stats Canada’s Labour Division Survey, 53,500 residents were working in the northern capital last month, a jump from the 52,700 mark from September.

The local jobless mark now stands at 6.3% after it was 7.2 in September.

Analyst, Vince Ferrao explained to MyPGNow.com which sectors saw the biggest spikes.

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“We are seeing more people working in construction and also education so those are the industries showing gains year-over-year.”

BC’s unemployment rate stayed at 5.4% for the second consecutive month – a full point behind Saskatchewan which had the lowest jobless mark among all the provinces at 4.4.

Nationally, the jobless mark rose slightly to 5.7% after it was 5.5 in September.

Even with the slight jump, the economy added 18-thousand jobs.

Here is a breakdown of all the provinces:

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  • Saskatchewan 4.4%
  • Quebec 4.9%
  • Manitoba 5.2%
  • BC 5.4%
  • Alberta 5.8%
  • Ontario/PEI 6.2%
  • New Brunswick/Nova Scotia 6.6%
  • Newfoundland and Labrador 10.0%
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