Jobless Rate falls in Northwest

John Crawford
11/08/2019

The latest jobless figures for BC and Canada show the impact industrial development is having on the northwest.

Statistics Canada says the unemployment rate for the North Coast region in October was 4.4%-- down from the 4.7% at the same time last year, and  below the province's October 2019 rate, which was also 4.7 % -- the lowest provincial figure in the country.

BC Jobs Minister Bruce Ralston says the numbers reflect the investments the NDP have made in job creation -- but he also admits the LNG Canada project at Kitimat has boosted the province's overall economic forecast.

"I'm a bit surprised, given the economic boom that's taking place as a result of Coastal GasLink and LNG construction in the northwest; what the economists who look at the BC economy have added on a full half- to three-quarters of a per cent in overall provincial GDP growth," he said.
 
Nationally, the unemployment rate held steady at 5.5%, but Statistics Canada says the economy lost 1800 jobs in October, following two months of big gains

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