Prince George unemployment rate rises in December

Daniel Fowler
January 6, 2019

Meanwhile, in Saint John, the labour force also increased slightly - by 0.1 per cent in December.

Data released on Friday by Statistics Canada said "overall employment in the province has been increasing since June 2016".

Further, he highlighted how average hourly earnings held steady at 1.5 per cent, which he wrote doesn't suggest the market is "producing the types of healthy wage gains that would be expected" with current record low levels of unemployment.

Employment increased by 163,300 year over year and by 9,300 month over month. The growth follows a net uptick of 94,000 jobs in November, which was Canada's largest monthly increase since March 2012.

Bank of Canada Governor Stephen Poloz sits down with CTV News' Lisa LaFlamme to discuss the central bank's economic outlook for 2019.

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In B.C., the province saw an increase of 44,000 jobs in 2018, nearly entirely full-time work.

December's data seem unlikely to sway the Bank of Canada, which analysts expect will leave interest rates unchanged on Jan 9 after five hikes since July 2017. Employment saw a 2.5 per cent rise year-over-year, but from November to December, it fell 0.5 per cent. Unemployment increased 7.3 per cent since December 2017.

According to a December 24 report from Statistics Canada, the immigrant unemployment level is at its lowest since 2006, when the data first started to be collected.

The service industries, including healthcare and social assistance, educational services, transportation and warehousing, and business, building and other support services, were the biggest contributor to employment gains.

In 2018, employment for women aged 25 to 54 grew by 125,600 positions or 2.2 per cent, compared to an increase of 60,600 jobs or one per cent for men in the same age category.

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