Vancouver Island recorded an unemployment rate of 4.5 per cent in October 2018. (B.C. Statistics)

Vancouver Island job rate slightly worse than the provincial average

Greater Victoria records unemployment rate of 3.9 in October 2018

Jobs on Vancouver Island remain relatively easy to come by, but not as easy as in other parts of the province.

According to numbers released by BC Stats, Vancouver Island recorded an unemployment rate of 4.5 per cent in October, 0.4 per cent higher than the provincial rate of 4.1 per cent, which the lowest in Canada.

Jobs are easiest to come by in the capital. The Greater Victoria region recorded an unemployment rate of 3.9 per cent, 0.2 per cent below the provincial average. Provincial unemployment has dropped 0.8 per cent compared to October 2017.

RELATED: Health care, scientific jobs top B.C. employment forecast

In October 2018, the provincial economy added 12,100 part-time jobs, while the number of full-time jobs dropped by 13,300. Full-time employment jobs for persons aged 55 and over rose by 7,300, but dropped for those aged 25 to 54 (down 17,300) and 15 to 24 (down from 3,100).

Notably, the number of jobs in the public sector dropped by 7,400. Employment in the private sector held steady (down 200) while the number of self-employed individuals rose 6,500 compared to September. Looking at sectors, manufacturing, agriculture and construction all lost jobs, while forestry, fishing, mining, and oil and gas, along with utilities. The biggest growing sector though was the service sector, which produced 46,800 jobs since October 2017.

RELATED: Unemployment rate dipped in September on part-time job gains: StatsCan

Quebec ranked behind British Columbia with the second-lowest unemployment rate, and Canada’s overall unemployment was 5.8 per cent, down 0.1 per cent. Overall, the unemployment was down from one year ago when it stood at 6.2 per cent.


Like us on Facebook and follow us on Twitter

wolfgang.depner@saanichnews.com

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

Comments are closed

Just Posted

Piercy Creek habitat assessment project launched

For more than 20 years, Millard/Piercy Watershed Stewards have worked to enhance… Continue reading

Cumberland keeps pushing for groundwater protection

Council will raise issue with Province again through Union of BC Municipalities

Annual music event in Comox Valley celebrates online instead

Vancouver Island MusicFest holds virtual celebration set for July 10

Cumberland wants more done to stop drug deaths

Motions include writing Dr. Bonnie Henry, holding naloxone workshop

Courtenay theatre gets support for livestream ‘hybrid’ shows this year

Island Coastal Economic Trust funds help Sid Williams Theatre with infrastructure, training

B.C. accommodators need phone lines to light up as in-province travel given green light

Travel restrictions during the COVID-19 pandemic have decimated the tourism and hospitality industries

MOTIVATION MONDAY: A balancing act

Raida Bolton leads the class for today’s routine

Man charged in Rideau Hall crash had rifle, shotguns, high-capacity magazine: RCMP

Hurren is accused of threatening to cause death or bodily harm to the prime minister

B.C. extends income assistance exemption for COVID-19

Provincial program to match Ottawa’s CERB, student pay

Indigenous B.C. tour operator keeps culture alive through virtual journeys in COVID-19 era

Campbell River based Homalco Tours is also setting up live cameras for bear viewing in Orford

Saanich woman says sexual assault was dismissed by police because of her ‘body language’

Patrol officers investigate sexual assault files, make decisions on what goes to Crown counsel

Broadway veteran Nick Cordero dies from coronavirus complications

During Cordero’s hospitalization, Kloots sent him daily videos of her and their 1-year-old son, Elvis,

Most Read