The provincial unemployment rate rose to 4.7 per cent, while Victoria recorded the second-lowest unemployment rate among all of Canada’s Census Metropolitan Areas (CMAs) with 3.3 per cent. (Black Press File)

Victoria CMA recorded second-lowest unemployment rate in Canada in January

With a rate of 3.3 per cent, Victoria behind only Guelph with a rate of 1.9 per cent

Victoria’s Census Metropolitan Area (CMA) recorded the second-lowest unemployment rate in all of Canada in January 2019.

According to Statistics Canada, Victoria’s rate stood at 3.3 per cent — up from 3.2 in December 2018. Only Guelph, Ont. recorded a lower rate with 1.9 per cent.

RELATED: Canada adds 66,800 net new jobs in January, but unemployment rate ticks higher

RELATED: Greater Victoria unemployment rate remains below provincial, national average

Victoria’s low unemployment also reflects the leading status of British Columbia. Despite an increase of 0.3 per cent to 4.7 per cent in January 2019, British Columbia’s unemployment rate remained the lowest in Canada, ahead of Quebec (5.4 per cent), Manitoba and Saskatchewan (5.5 per cent), and Ontario (5.7 per cent). Alberta led the second half of the provincial table with a rate of 6.8 per cent.

The national unemployment rate stood at 5.9 per cent.


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