PG’s unemployment rate saw a pretty nice turnaround in September.
According to Stats Canada, the jobless mark dipped to 7.2% after it was 8.6 in August.
Over 53-thousand people found themselves employed in the northern capital last month, up slightly from the 51-thousand holding down work in August.
Analyst, Andrew Fields explains some of the local factors in regards to the most recent numbers.
“Since we see that the number of employed people has held relatively steady – it’s gone down slightly (year-over-year), but it’s due to almost double the amount of people searching for work. About 4,000 people were considered unemployed.”
BC’s jobless mark ticked up slightly to 5.4% after it was 5.2 the month prior – the fourth lowest rate among all the provinces.
Fields in several sectors across the province saw some pretty nice employment gains to begin the fall adding 26-thousand jobs.
“The employment increases in BC for September were concentrated in construction with about 13-thousand more people working in that industry. There were also gains spread across more professional sectors such as finance, rental, and leasing along with insurance and real estate,” added Fields.
In addition, Canada’s unemployment rate held steady at 5.5% – the economy added 64-thousand jobs, mostly centred around part-time employment.
Here is a breakdown of all the provinces:
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- Quebec 4.4%
- Saskatchewan 4.9%
- Manitoba 5.0%
- British Columbia 5.4%
- Alberta 5.7%
- Ontario 6.0%
- Prince Edward Island 6.3%
- Nova Scotia 6.9%
- New Brunswick 7.2%
- Newfoundland and Labrador 9.7%
