Unemployment Continues to Rise in BC, Despite Adding 6,700 Jobs in February, but Remains Relatively Low

Unemployment continued its rise in BC last month, despite the province adding roughly 6,700 new jobs.

According to the most recent Labour Force Survey from Statistics Canada, BC’s unemployment rate hit 5.1 percent in February.

It’s the 4th lowest rate among the provinces, with the country as a whole seeing the rate hold steady at 5 percent for the third straight month.

For BC, however, it marks an increase from January’s 4.4 percent, which itself was a 0.4 percent increase from near-record lows in December.

In the Northcoast and Nechako regions specifically, the three-month moving unemployment rate rose by 1.2 percent in February to 5.9 percent.

You can view the full survey at this link.