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Tuesday, October 15, 2019
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Home News Northeast unemployment rate increases

Northeast unemployment rate increases

B.C. Stats. has confirmed that employment growth stalled in Northeast B.C. last month, bringing to an end a three month upward trend.
As a result the local area jobless rate went from 4 to 4.4 per cent but remains the lowest regional rate in the province.
As reported earlier, the province-wide seasonally adjusted rate held firm at 7.3 per cent in July but that left it slightly ahead of the national rate.
It dropped from 7.4 to 7.2 per cent, the lowest level since December 2008, at the peak of the latest recession.
The Canadian rate is also nearly two full percentage points lower than the rate in the U.S, which dropped slightly but is still at 9.1 percent.

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