Unemployment rate continues to drop in July for Northeast B.C.

Must Read

Driver does a burnout after pride flag painted on Dawson Creek street

DAWSON CREEK, B.C. - Minutes after the City of Dawson Creek painted a pride flag along a...

Peace Island Park to open for the season this Friday

TAYLOR, B.C. - District of Taylor Council passed a motion to open Peace Island Park for this Friday, June...

Taylor receives $7,000 COVID-19 grant

The District of Taylor is set to receive a $7,000 response grant to combat the impacts of...

FORT ST. JOHN, B.C. – The Provincial unemployment data for the month of July has been released.

The unemployment rate in Northeast B.C. saw a decrease last month of 1.7 percent, down to 4.9 percent when compared to June’s rate of 6.6 percent.

The estimated number of people working in Northeast B.C. for July is up 900 to 39,200 when compared to June’s number of 38,300.

- Advertisement -

Community Interviews with Moose FM

Last year, in July 2018, the unemployment rate was 7.4 percent with an estimated 40,300 people working.

Overall for B.C., unemployment remained low in July 2019 at a rate of 4.4 percent; the lowest unemployment rate in Canada for the past 24 months in a row.

According to Bruce Ralston, Minister of Jobs, Trade and Technology, as a result of steady employment, the province has earned a AAA credit rating from all three international credit rating agencies for this year.

“B.C. is the only province that earned the AAA credit rating from all three international credit rating agencies this year. They looked to our stable results, diversified economy and fiscal management to make their conclusion. Bank economists have also projected that B.C.’s economy will continue to lead the country over the next two years.”

More Articles Like This