The city’s unemployment rate rose by 0.5 percentage points between June and July.
Prince George’s unemployment rate rose nearly 10 per cent between June and July, according to data released on Friday by Statistics Canada.
The increase in the unemployment rate wasn’t driven by fewer jobs, however, but by more people seeking work. The city’s workforce participation rate – the number of working-age adults working or actively seeking work – increased from 68.8 per cent in June to 71 per cent in July. The city’s workforce participation rate also stood at 71 per cent in July 2021.
In July 2021, 54,200 people were working and 3,300 were seeking employment in Prince George, Statistics Canada reported. "B.C.'s strong economic recovery and low unemployment rate continue to help lead Canada's economic outlook,” B.C. Minister of Jobs, Economic Recovery and Innovation Ravi Kahlon said in a statement released on Friday. "The province added 14,900 full-time jobs last month, while our unemployment rate remained historically low at 4.7 .”
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