The unemployment rate in Greater Victoria remains among the lowest in the country, but also rose in November.
The unemployment rate for the Victoria Census Metropolitan Area (CMA) rose to 3.5 per cent in November, up from 3.2 in October. The recorded rise in VictoriaB次元官网网址檚 unemployment mirrored a rise in the provincial unemployment rate to five per cent from 4.7 per cent, as both the workforce and the number in jobs in British Columbia shrunk.
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VictoriaB次元官网网址檚 unemployment rate remains the lowest among the four CMAs in British Columbia, followed by Kelowna (3.8 per cent), Vancouver (four per cent) and Abbotsford-Mission (five per cent). Others parts of the province, however, are recording unemployment rates nearly double those of Victoria.
The Cariboo B次元官网网址� the geographical centre of the provincial forestry and mining industry B次元官网网址� recorded an unemployment rate of 6.8 per cent, some one per cent above the national rate of 5.9 per cent, as Canada lost some 71,000 jobs. The Northeast B次元官网网址� whose economy aligns closely with AlbertaB次元官网网址檚 oil patch B次元官网网址� recorded an unemployment rate of six per cent.
Across the country, OntarioB次元官网网址檚 Brantford records the lowest unemployment rate with 3.1 per cent, followed by Quebec City with 3.3 per cent.
CanadaB次元官网网址檚 unemployment rate of 5.9 per cent was the highest since August 2018, when it was six per cent. Concerns about softening employment across Canada happen against the backdrop of global trade tensions, causing a decline in the demand for Canadian goods, including various sources of energy and other raw materials.
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