The provincial economy remains strong with an unemployment rate of 4.4 per cent, despite concerns of a slowing economy, giving job seekers attending hiring fairs plenty of options. (Black Press file photo)

Greater Victoria unemployment rate remains below provincial, national average

Only Kelowna has a tighter labour market in British Columbia

The economy around the capital added 1,000 jobs in December 2018 compared to the previous month as the south Island region’s unemployment rate dropped to 3.6 per cent from 3.8 per cent in November, according to Statistics Canada.

RELATED: Health care, scientific jobs top B.C. employment forecast

This figure means that Greater Victoria’s unemployment rate remains below the provincial average of 4.4 per cent, unchanged from November 2018, and below the national average of 5.7 per cent.

British Columbia’s unemployment rate as recorded in December was the lowest in Canada. Ontario had the second lowest unemployment rate (5.4 per cent), followed by Quebec (5.5 per cent), Saskatchewan (5.6 per cent) and Manitoba (six per cent). Alberta (6.4 per cent) had the sixth-lowest unemployment rate.

Comparing Greater Victoria to other parts of the province, only the Kelowna CMA recorded a lower unemployment rate with 3.3 per cent. Vancouver (4.4 per cent) and Abbotsford (4.5 per cent) followed. Looking across Canada, Guelph, Ont., boasted the tightest job market with an unemployment rate of 2.3 per cent, down from three per cent, followed by Kelowna and Victoria.

RELATED: Victoria real estate market approaches balanced condition

Looking at specific industries, construction recorded most of the province-wide gains, followed by resource-extraction industries and construction. Utilities, agriculture, health care, and social assistance were sectors losing jobs. Also losing jobs were the finance, insurance, real estate, rental and leasing sectors, with job losses reaching 2,200.


Like us on Facebook and follow us on Twitter

wolfgang.depner@saanichnews.com

Just Posted

Campbell River teen on the mend a year later

Jonah Shankar’s treatment for brain tumour involved trips to UK

Skipping school costs a dozen Vancouver Island students chance at a new car

Cowichan Secondary’s Jared Lammi showed up and won $5,000 cheque toward vehicle, but he can’t drive

Province steps up for Island toddler’s treatment

Lake Cowichan’s Charleigh Fales only one in B.C. diagnosed with rare CLN2 Batten disease

Average housing prices would have to drop by $413,000 for Victoria to become affordable

Alternatively, salaries need to increase to $134,000 per year, more than double current levels

Vet services for Victoria’s pets of the homeless cancelled for first time in a decade

Vets for Pets faces a volunteer shortage that’s forced the group to cancel its recent service

Oak Bay mom describes finding son ‘gone’ on first day of coroners inquest into overdose death

Jury to make recommendations based on death of Elliot Eurchuk, 16

Suicide confirmed in case of B.C. father who’d been missing for months

2018 disappearance sparked massive search for Ben Kilmer

Sproat Lake fire held today, but not yet under control

Two-hectare fire is located at Taylor Flats close to Highway 4 west of Alberni

New secondary school planned for north Langford

Province announces $18.6 million in funding for site

Victoria mandates 20 per cent of large new housing developments be affordable

After years of back and forth, inclusionary housing policy will be ratified in two weeks

Man suffers burns, dog dies in fire in Nanaimo

Structure burns down on Clifford Road property in Cedar

Dash-cam video in trial of accused cop killer shows man with a gun

Footage is shown at trial of Oscar Arfmann, charged with killing Const. John Davidson of Abbotsford

Eight U.S. senators write to John Horgan over B.C. mining pollution

The dispute stems from Teck Resources’ coal mines in B.C.’s Elk Valley

Threats charge against Surrey’s Jaspal Atwal stayed

Atwal, 64, was at centre of controversy in 2018 over his attendance at prime minister’s reception in India

Most Read