Prince George’s February unemployment rate saw a near 1 per cent bump compared to the month prior.
According to the Labour Division Survey, the local jobless mark came in at 7.6 percent, with January 2025 at 7.0 per cent, and February last year reaching 6.8 per cent.
Analyst, Vince Ferrao explains what the percentage looks like in terms of unemployed numbers.
“The 7.6 per cent represents about 4,200 people. A year ago, the 6.8 per cent, that was about 3,700 people.”
Across the province, the unemployment rate for February was at 6.0 per cent, unchanged compared to January.
Similar to January, BC was the third lowest among the provinces, with Quebec at 5.3 per cent, and Saskatchewan with 5.4 per cent.
Nationally, there was also no change, as the unemployment rate stayed at 6.6 per cent.
Here is a breakdown of all the provinces:
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- Quebec: 5.3 per cent
- Saskatchewan: 5.4 per cent
- British Columbia 6.0 per cent
- Manitoba 6.1 per cent
- Nova Scotia 6.6 per cent
- Alberta 6.7 per cent
- Ontario 7.3 per cent
- New Brunswick 7.5 per cent
- Prince Edward Island 7.8 per cent
- Newfoundland and Labrador 10.5 per cent
