Greater Victoria recorded an unemployment rate of four per cent in June 2019. (Black Press File).

New figures from Statistics Canada show a rise in Greater Victoria’s unemployment rate

Regional unemployment in June 2019 rose to four per cent

New figures from Statistics Canada show a rise in the regional unemployment rate.

Unemployment in the Victoria Census Metropolitan Area (CMA) reached four per cent in June 2019 — up from 3.6 per cent in May 2019. While it is not clear what caused the increase, one clue might be the higher participation rate of the regional work force. It rose to 63.2 per cent from 62.5. By way of background, the participation rate measures the share of employed and unemployed people as a percentage of the population. This figure suggests that Victoria’s hot labour market has encouraged more people to enter the workforce with the consequence for the unemployment rate, which economists calculate by dividing the number of unemployed people by the number of people in the labour force.

In other words, the regional unemployment might have risen, because more people were looking for work.

RELATED: Greater Victoria records lowest unemployment rate in Canada for April

This rise, however, requires perspective. Victoria’s regional unemployment remains the lowest among B.C.’s four CMAs. It ties with Vancouver’s rate and remains ahead of Kelowna (4.4 per cent) and Abbotsford-Mission (5.4) per cent.

By way of background, the provincial unemployment rate is 4.5 per cent.

Nationally, the unemployment rate rose 0.1 per cent to 5.5 per cent as the number of people looking for work increased, according to Statistics Canada, with the Quebec City recording the lowest unemployment rate among Canada’s CMA with 2.4 per cent.

Looking at specific groups, unemployment among people aged 55 has edged down, while unemployment among people in the “core” working ages of 25 to 54 has edged up year-to-year. This increase in unemployment has been especially evident among men in that age, as their unemployment stands at 5.1 per cent, up 0.4 per cent.


Like us on Facebook and follow us on Twitter

wolfgang.depner@saanichnews.com

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Greater Victoria woman creates ‘call list’ for seniors to tackle loneliness

Call list allows seniors to have some friendly conversation during isolating times

Saanich’s Shelbourne corridor work set to start despite pandemic

Municipal work is deemed an essential service, keeping the long-term project on track

Report looks at COVID-19’s impact on violence in the family

Police across Canada reported almost 100,000 cases of intimate partner violence in 2018

Royal Athletic Park will not be a shelter site during COVID-19 crisis: Victoria mayor

Indoor sites to be coordinated with Island Health, BC Housing

BC Ferries further reduces sailings in response to COVID-19

Any sailing reservations cancelled due to schedule changes will be refunded

UPDATE: Canadians awake to extra COVID-19 emergency benefit money, feds clarify changes

The CRA and federal officials are working to clarify the confusion around payments

COVID-19 world update: 6.6 million U.S. jobless claims; alcohol sales banned in Bangkok

Comprehensive digest of coronavirus news items from around the world

B.C. sorting medical equipment sales, donation offers for COVID-19

Supply hub has call out for masks, gowns, coronavirus swabs

B.C. records five more deaths due to COVID-19, 45 new cases

A total of 838 people have recovered from the virus

Major crimes investigating sudden death of North Okanagan child

The 8 year old was flown to Kelowna General Hospital and died hours later

Easter Bunny added to B.C.’s list of essential workers

Premier John Horgan authorizes bunny to spread “eggs-ellent cheer” throughout province

Travellers returning to B.C. must have self-isolation plan or face quarantine: Horgan

Premier John Horgan says forms must be filled out by travellers

More than 400 animals have been adopted amid pandemic: B.C. SPCA

People are taking this time of social distancing to find a loyal companion through the animal welfare group

VIDEO: More than 85 people displaced by Campbell River apartment fire

Traffic is being diverted around Dogwood Street and 9th Avenue

Most Read