September Economic Update from City of Prince George

From the City of Prince George:

In September 2017, Prince George's unemployment rate was 5.7%, a decrease of 0.4% when compared to the same month in 2016 when it was 6.1%. The unemployment rate was higher than the provincial rate of 4.9% but lower than the national rate of 6.2%.

Prince George's employment rate in September 2017 was 68.1%, an increase from the same month last year when it was 66.5%. The employment rate was higher than the national rate of 61.6% and British Columbia's 62.0%.

Total employment in the Cariboo Economic Development region was 83,300 for September 2017. This represented a net increase of 500 jobs when compared to the previous month. Both Wood Product Manufacturing and Paper Manufacturing saw the highest increases, adding 400 jobs. The highest decrease in jobs occurred in Finance, Insurance, Real Estate, Rental and Leasing, with a decrease of 300 jobs.


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