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HomeNewsPG's unemployment rate drops to 5.5% in April, bucks provincial and national...

PG’s unemployment rate drops to 5.5% in April, bucks provincial and national trends

51,500 people in Prince George found themselves employed during April according to Stats Canada.

That’s an increase of about 57-hundred when compared to the same month last year.

Labour Division Analyst, Vincent Ferrao (Fair-ow) told MyPGNow.com this led to our unemployment rate dropping even further.

“The unemployment was 5.5% in April, 5.9% in March and a year ago when the labour market started to fall steeply the jobless mark was 10.2%.”

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However, BC wasn’t so lucky seeing its unemployment rate jump to 7.1% after it was 6.9 in March.

The province lost 43-thousand jobs as a result.

Ferrao while the provincial mark is lower than what it was when the pandemic was first declared, it is still well below pre-pandemic levels.

“A year ago (April of 2020) it was 11.5% but in February (0f last year) prior to the pandemic, it was 5.1% so we are still above the pre-pandemic rate in terms of unemployment.”

In Canada, the nation’s jobless rate jumped to 8.1% in April after it was 7.5 the month prior.

Here is a breakdown of all the provinces:

  • Quebec/Saskatchewan 6.6%
  • British Columbia 7.1%
  • Manitoba 7.4%
  • Nova Scotia 8.1%
  • Prince Edward Island 8.2%
  • New Brunswick 8.5%
  • Ontario/Alberta 9.0%
  • Newfoundland and Labrador 13.5%
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