The Prince George economy took a huge step forward in November according to the latest Stats Can Labour Division Survey.
The city’s unemployment rate came in at 5.4%, a huge drop from October where it was 6.9%
Analyst Vince Ferrao told MyPGNow.com the number of people employed held steady.
“In November, we had 52,500 people working and in October we had 52,700 so not much of a change. When compared to November of 2020 we had 53,800 (people working).”
In BC, the jobless mark was 5.6% seeing no change from October.
The nation’s unemployment rate came in at 6%, a drop of nearly a point where it was 6.7 in October.
Canada added 154-thousand jobs to its economy last month.
Here is the breakdown by province:
- Quebec 4.5%
- Manitoba 5.1%
- Saskatchewan 5.2%
- BC 5.6%
- Ontario 6.4%
- Alberta 7.6%
- PEI 8.0%
- Nova Scotia 8.1%
- New Brunswick 8.5%
- Newfoundland and Labrador 10.4%