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

Just Posted

Two Nanaimo residents share $5-million lotto prize

Jesse Logan and Teresa Winters Day matched all six numbers in Aug. 21 Lotto 6/49 draw

Nanaimo ferry an hour and a half behind schedule after medical emergency

Queen of Oak Bay was delayed at Departure Bay this afternoon

Nanaimo RCMP chili cook-off raises cash for Tour de Rock

Nanaimo Mounties hold inaugural chili recipe competition to raise cash to fight childhood cancer

East Coast comedian Ron James bringing ‘Full Throttle Tour’ to Nanaimo

James is at work on the first draft of his first book, ‘All Over the Map’

Thieves steal computers and two beers during downtown Nanaimo restaurant break-in

Break-and-enter happened Sept. 3 at Zalathai Thai Restaurant on Victoria Crescent

Nanaimo remembers Terry Fox and runs for his cause

Terry Fox Run was held Sunday at Bowen Park

Nanaimo-Ladysmith candidates try to chart a path to victory

Conservatives, NDP, Liberals set sights on votes needed to unseat Green incumbent

Canucks sign Brock Boeser to three-year, US$17.6-million deal

Young sniper will be in Vancouver Tuesday

B.C. forest industry looks to a high-technology future

Restructuring similar to Europe 15 years ago, executive says

Nanaimo Boat Show full of ideas about how to get out on the water

Show takes place Sept. 19-22 at Waterfront Suites and Marina on Stewart Avenue

It’s game on as new hockey exhibit fills Nanaimo Museum

Canadian Museum of History travelling exhibit on display until November

RCMP conclude investigation into 2017 Elephant Hill wildfire

Files have been turned over to BC Prosecution Service

B.C. wants to be part of global resolution in opioid company bankruptcy claim

Government says settlement must include Canadian claims for devastation created by overdose crisis

Most Read