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Home News Unemployment rate in north east BC continuing to climb

Unemployment rate in north east BC continuing to climb

The north east BC unemployment rate has surged well past the provincial average and is now within less than half a percentage point of the national average at 6.8 per cent

The local area regional rate jumped from 6.1 per cent in June, to 6.4 per cent in July, but province wide StatsCan numbers show 15 thousand people found work in BC last month pushing the provincial jobless figure down three basis points to 5.8 per cent.

The north east now sits in the middle of the pack among seven development regions in the province.

It is nearly two per cent higher than the Thompson/Okanagan, which has the low end rate at 4.6, but it is also nearly three per cent lower than Kootenays with the highest jobless rate at 9.1.

These numbers also show the north east rate has increased in each of the last five months, and is up more than two per cent from where it was in March, at 4.2

The increase comes in spite of what the number crunchers say is a province wide year-over-year employment increase of 23,000.

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