WATCH: The national unemployment rate continued its downward trend last month, dipping to 5.7 per cent. That’s the lowest level it’s been since the 1970’s when data first started being collected. Along with the record low, Stats Canada says we’re also seeing a lot more older workers on the job, which they define as 55-plus.
Victoria continues to set the pace for low unemployment in B.C. as Statistics Canada released December figures Friday.
The jobless rate in Victoria went up a tenth of a per cent to 3.4 in December compared to 3.3 per cent in November.
The capital still boasts the lowest rate in the province, ahead of Vancouver at 4.1 per cent.
Stats Canada reported unemployment in Canada dropped to 5.7 per cent, the lowest mark since comparable data became available in 1976.
The rate was 5.9 per cent the previous month.
There were more than 23,000 full-time jobs created in December and a net total of 78,000 new positions.
B.C. continues to have the lowest unemployment rate among Canadian provinces at 4.6 per cent, down two basis points from November.
With files from the Canadian Press.
Statistics Canada reports Victoria’s unemployment rate in December at 3.4 per cent, the lowest in B.C. Canada’s jobless rate dropped to 5.7 per cent, its lowest level in more than 40 years. File photo.
Andy Neal
