Northeast B.C. unemployment at 7.4% in July

The unemployment rate in Northeast B.C. ticked up slightly to 7.4 per cent in July, according to Statistics Canada's latest labour force survey.

In an estimated labour force of 43,500, there were 40,300 employed and 3,200 unemployed, according to the survey released August 10.

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Year-over-year the unemployment rate is up from July 2017 when it sat at 6.6 per cent in a labour pool of 40,800 people.

Unemployment in the region was recorded at 7 per cent in June. Month-over-month, both the number of people working and the number of unemployed increased due to gains in the local labour pool. The number of people working increased by 600, while the number of unemployed increased by 200.

Across B.C., the number of people working increased by 11,000 and the unemployment rate was 5 per cent, according to Stats Canada.

"Despite this increase, employment in the province was little changed on a year-over-year basis," the agency reported.

Nationally, employment rose by 54,000 in July, with the unemploymet rate dropping slightly to 5.8 per cent.

"Employment rose in a number of services-producing industries: educational services; health care and social assistance; information, culture and recreation; and the other services industry," Stats Canada reported.

"In contrast, employment fell in most goods-producing industries, specifically manufacturing, construction and natural resources."

Unemployment rates in B.C., July 2018

Northeast - 7.4

Thompson-Okanagan - 6.0

Kootenay - 6.0

North Coast and Nechako - 5.8

Cariboo - 5.3

Vancouver Island and Coast - 4.6

Lower Mainland Southwest - 4.5

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