B.C. unemployment rate still best in Canada

Mar 9, 2018 | 5:42 AM

OTTAWA—   Statistics Canada figures released this morning show B-C continues to have the lowest unemployment rate in Canada.

     B-C’s jobless rate for February was pegged at 4.7 per cent, down one-tenth of a point since January and well below the national rate of 5.8 per cent — which also dropped one basis point last month, compared with January.

     Stats Can says the economy added 15-thousand-400 net new jobs across the country last month, although most of those positions were part-time, rather than full-time jobs.

     Across B-C, only Victoria saw a hike in unemployment, with its rate up half-a-per cent to 4.4 in February, compared with 3.9 the month earlier, but Kelowna’s jobless numbers dropped dramatically to 5.8 per cent — seven basis points below January’s 6.5 per cent setting.