File photo.

Victoria’s claim to the lowest unemployment rate in BC is no longer valid, after two consecutive months of increased unemployment, according to the latest numbers released by┬áStats Canada.

According to new numbers released by Statistics Canada, Victoria had a minuscule 3.3% unemployment rate in December, but that has since grown to 3.9% in January, and now 4.4% for February.

Overall, however, the unemployment rate has been relatively steady for Victorians. Last year, in February 2017, the rate sat at 4.3%, just a tenth off of this month’s 4.4% rate.

Provincially, British Columbia still holds Canada’s claim to the lowest provincial unemployment rate, with 4.7% of the labour force lacking work, a 0.1% drop from January.

It’s no surprise, given the low rates in the four metropolitan areas. Victoria, as mentioned has 4.4%, Vancouver sits at 3.9%, Abbotsford-Mission is at 4.1%, and Kelowna is the outlier with 5.8%.

Nationwide, Canada has a 5.8 unemployment rate for February, down .1% from January.

Unemployment rate by province for February 2018

  1. British Columbia – 4.7%
  2. Ontario – 5.5%
  3. Saskatchewan – 5.6%
  4. Quebec – 5.6%
  5. Manitoba – 5.9%
  6. Alberta – 6.7%
  7. Nova Scotia – 7.9%
  8. New Brunswick – 8.2%
  9. Prince Edward Island – 10.1%
  10. Newfoundland – 14.0%

Facebook Conversations

- Advertisement -