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HomeNewsNechako-North Coast unemployment rate dips to 4.8% in October

Nechako-North Coast unemployment rate dips to 4.8% in October

The employment picture in the North Coast-Nechako region has improved immensely over the past 12 months according to Stats Canada.

In October, the unemployment rate came in at 4.8% – a decline of three points during the same month a year earlier at 7.9.

Labour Division Analyst, Vince Ferrao spoke with Vista Radio.

“Looking at the number of people who worked, 43,600 people worked in October and a year ago there were 41,800 people employed.”

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“In terms of how many people are unemployed, the 4.8% represents 2,200 people unemployed.”

In addition, BC has the second-lowest jobless mark among all the provinces at 4.2%, trailing only Quebec, which stands at 4.1.

Canada’s unemployment held steady at 5.2% in October no change from the previous month but the country did add 108-thousand jobs.

Here is the breakdown by province:

  • Quebec 4.1%
  • British Columbia 4.2%
  • Saskatchewan/Manitoba 4.6%
  • Alberta 5.2%
  • Prince Edward Island 5.4%
  • Ontario 5.9%
  • New Brunswick/Nova Scotia 7.6%
  • Newfoundland and Labrador 10.3%
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