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 local economy added 1,000 jobs in December 2018 compared to the previous month as the local 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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Conflict expert explains how to talk to people who aren’t social distancing

Approach the conversation with empathy says conflict expert

Saanich moves forward with summer camp registration despite COVID-19

District to give full refunds if camps are cancelled

COVID-19: Managing your mental health from isolation

Ministry of Mental Health, Addictions recommends numerous strategies for self-care during pandemic

Oak Bay deputy police chief and family cut Guatemala vacation short to return home

Belize border, punctured gas tank part of the adventure

‘Better days will return’: Queen Elizabeth delivers message amid COVID-19 pandemic

The Queen said crisis reminds her of her first address during World War II in 1940

Emergency aid portal opens Monday, cash could be in bank accounts by end of week: Trudeau

Emergency benefit will provide $2,000 a month for those who have lost their income due to COVID-19

Education, not enforcement: B.C. bylaw officers keeping a watch on physical distancing

A kind word, it turns out, has usually been all people need to hear

COVID-19: Hospitals remain safe for childbirth, say Vancouver Island care providers

North Island Hospital has been asked to share its perinatal COVID-19 response plan

Canadian cadets to mark 103rd anniversary of Vimy Ridge April 9 virtually

Idea of Captain Billie Sheridan in Williams Lake, B.C. who wondered what to do in times of COVID-19

B.C. VIEWS: Pandemic shows need for adequate care home staffing

Seniors in B.C. care homes face challenging times

QUIZ: How much do you know about hockey?

Take this test and find out how well you know Canada’s most popular winter sport

Researchers look at humidity as a weapon in the fight against airborne viruses

Regular hand washing, physical distancing and PPE for health care workers remains best line of defense

Most Read