According to Statistics Canada, Greater Victoria’s unemployment continues to drop, reaching 7.6 per cent in October. (Black Press Media File)

According to Statistics Canada, Greater Victoria’s unemployment continues to drop, reaching 7.6 per cent in October. (Black Press Media File)

Unemployment in Greater Victoria continues to drop

New figures peg region’s unemployment rate at 7.6 per cent

Greater Victoria’s unemployment rate dropped to 7.6 per cent in October.

This figure released by Statistics Canada marks an improvement compared to September, when the unemployment rate for the Victoria Census Metropolitan Area (CMA) stood at 9.1 per cent. The new figure confirms the improving trend in the region, where the unemployment rate jumped to just over 11 per cent in June after recording the lowest rate in Canada with a figure of 3.4 per cent in February against the economic effects of measures designed to fight COVID-19.

RELATED: Statistics Canada says economy added 84,000 jobs in October

Kelowna’s CMA recorded the lowest unemployment rate among the four CMAs in British Columbia with a figure of 6.2 per cent. Victoria finished second, followed by Abbotsford-Mission (8.6 per cent) and Vancouver (9.7 per cent).

The provincial unemployment rate stood at eight per cent, with the national unemployment rate at 8.9 per cent, little changed from last month.

RELATED: Greater Victoria records lowest unemployment rate in Canada

RELATED: Greater Victoria records highest unemployment in post-war history with 11 per cent

The latest figures appear against the backdrop of rising COVID-19 cases and the possibility of additional measures to combat the pandemic. Statistics Canada alludes to this point when the agency notes that employment growth has been slowing as new COVID-19 restrictions come into place.

The latest figures from Statistics Canada also reveal ongoing concerns about the economic effects. According to the agency, more than half (53.3 per cent ) of those who were unemployed and had been searching for work or on temporary layoff for 27 weeks or more, were living in households reporting difficulty meeting necessary expenses.


Do you have a story tip? Email: vnc.editorial@blackpress.ca.

Follow us on Twitter and Instagram, and like us on Facebook.

wolfgang.depner@peninsulanewsreview.com

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

Just Posted

A Nexii roof panel is lifted during construction of a Starbucks in Abbotsford. Alexzi Building Solutions will be building a manufacturing plant in Langford or North Cowichan to produce the sustainable construction panels. (Photo courtesy of Alexzi Building Solutions)
Langford eyed for facility to make green building alternative to concrete

Langford, North Cowichan possible sites for plant to create sustainable construction panels

Local MP Elizabeth May says the public has a right to know the identity of the company that plans to operate the massive warehouse proposed for Sidney on airport lands but residents who want to stop the project would probably have to go through the courts. (Black Press Media File)
MP Elizabeth May says public has right to know identity of Sidney warehouse operator

Residents wanting to stop the project would probably have to go through the courts, said May

Bukwila by Art Thompson, set at the steps of Lansdowne campus’ Wilna Thomas Cultural Centre, has been welcoming students to campus since 1997. (Photo courtesy of Camosun College)
World-renowned artist’s legacy lives on at Camosun College

Art Thompson made untold contributions toward Indigenous education, art and advocacy

Did you know, according to the CRD, every person produces an average of 185–200 litres of wastewater per day? Here’s where most of it gets treated, at the new wastewater treatment facility at McLoughlin Point in Esquimalt. (CRD image)
View Royal signs on to wastewater funding plan

Capital Regional District requesting to borrow up to $34.3 million to upgrade infrastructure

(The Canadian Press)
Trudeau won’t say whether Canada supports patent waiver for COVID-19 vaccines

‘Canada is at the table to help find a solution’

A map showing where the most number of cases were recorded from April 23 to 29. This map, revealing a breakdown of infections by neighborhood, was pulled from a data package leaked to the Vancouver Sun last week (and independently verified).
36 Abbotsford schools flagged for COVID-19 exposures in the last 2 weeks, shattering record

Clearbrook Elementary recorded an ‘exposure’ on all 11 school days

Island Health has confirmed COVID-19 exposures at Ecole des Deux Mondes in Campbell River on May 4 and 5, and at Mill Bay Nature School in Mill Bay on April 28, 29, 30 and May 3. (Metro Creative photo)
Two new COVID-19 school exposures confirmed by Island Health

Health authority contacting anyone exposed at Ecole des Deux Mondes, Mill Bay Nature School

Canada’s chief public health officer is reminding Canadians even those who are fully vaccinated are not immune from transmitting the COVID-19. THE CANADIAN PRESS/Adrian Wyld
Canada’s top doctor warns full vaccination does not equal full protection from COVID-19

Post-inoculation, Theresa Tam says the risk of asymptomatic infection and transmission is far lower but not obsolete

The dash cam footage, taken May 7 at 8:18 a.m. belonged to the driver of a southbound vehicle that recently travelled out of the tunnel. (Reddit/Screen grab)
VIDEO: Dash cam captures dramatic rollover crash on Highway 99

Only one person sustained injuries from the collision, says B.C. Ambulance Services

Chevy stranded on a ledge above a rocky canyon at Mimi Falls near Logan Lake, April 28, 2021. (Photo credit: Margot Wikjord)
Police officer and fire chief team up in risky rescue of stranded dog near Logan Lake

Chevy, a rescue dog, needed rescuing again after getting stuck on a ledge above rocky canyon

Police were on the scene of a fatal shooting in Abbotsford. (Black Press Media files)
B.C. government to give more than $8 million for programs to curb gang violence

221 not-for-profit projects led by local governments and school districts among others will receive a one-time grant

Gord Judson steers his log truck down a forest service road, using two-way radio and call signals to mark his position for oncoming traffic. (B.C. Forest Safety Council)
Planning some B.C. wilderness fishing? Don’t catch a log truck

Remote recreation areas bracing for heavy pandemic pressure

Most Read