City’s un­em­ploy­ment rate 4.3 per cent in July

The Prince George Citizen - - Local | Weather - Cit­i­zen staff

The city’s un­em­ploy­ment rate stood at an es­ti­mated 4.3 per cent in July, ac­cord­ing to Sta­tis­tics Canada labour mar­ket sur­vey num­bers re­leased Fri­day.

The fig­ure rep­re­sents a slight de­cline from 4.1 per cent for the same month last year and comes de­spite a 700-per­son rise to 51,700 in the num­ber of peo­ple hold­ing down jobs

Those seek­ing work is up by 100 to 2,300 and the to­tal not seek­ing work is down by 600 to 18,900. As well, the num­ber of peo­ple of work­ing age in the city is up by 800 to 54,000.

Con­se­quently, the em­ploy­ment rate stood at 70.8 per cent, up 0.6 points, and the par­tic­i­pa­tion rate was 74 per cent, up 0.8 points.

In June, the un­em­ploy­ment rate was 4.2 per cent with 51,800 work­ing, 2,300 seek­ing work and 18,700 not par­tic­i­pat­ing.

The fig­ures are based on a three­month rolling av­er­age and do not sep­a­rate part-time from full-time em­ploy­ment.

All three un­em­ploy­ment rate are ac­cu­rate to within plus-or-mi­nus 0.7 points, 68 per cent of the time.

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