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Tuesday, October 15, 2019
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Home News Unemployment in Northeast drops slightly in August

Unemployment in Northeast drops slightly in August

Currently the region boasts a 4.2 per cent jobless rate, a 0.2 per cent decrease from July.

Compared to the same time last year, unemployment in the Northeast has dropped greatly from 6.8 per cent.

However, August marks the first time B.C.'s jobless rate has increased in two months.

The rate rose to 7.5 per cent after holding steady at 7.3per cent since June.

B.C.'s unemployment rate has been above the national rate since January, with the exception of June.

Currently, B.C. sits at the fourth lowest unemployment rate in the country.

Across the nation, the jobless rate rose for the first time since January, moving up 0.1 percentage points to 7.3 per cent.

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