The unemployment rate in Prince George dropped by 1.5 percentage points in November.
Last month the unemployment rate in the city dropped to 5.4 per cent, down from 6.9 per cent in October, according to data released by Statistics Canada on Friday. In November 2020, the city’s unemployment rate stood at 7.9 per cent.
The labour force participation rate – the percentage of people working or actively seeking work – dropped to 67.8 per cent in November, down from 69.3 per cent in October.
In November, 2020, the participation rate in November 2020 was at 72.4 per cent.
In a statement issued on Friday, B.C. Jobs Minister Ravi Kahlon said the province saw the addition of 4,600 jobs in November.
“Our unemployment rate remains one of the lowest in the country, and we continue to lead the nation with a job recovery rate of 102 (per cent),” Kahlon said in press release. “That means 55,000 more people are employed in B.C. today compared to before the pandemic.”
While the full economic impact of the flooding in the Lower Mainland has yet to be seen, Kahlon said, British Columbians will rise to the challenge.
"Our province has endured one challenge after another - from COVID-19, to last summer's heat dome, wildfires and the recent devastating flooding and mudslides - but the resilience and grit of people, businesses and communities has shone through at every turn,” Kahlon said. "I often say people are our competitive advantage - and the strength, determination and kindness shown by British Columbians over the past two years has proven it.”
