Unemployment Rates

Unemployment rose in Victoria last month, but remains one of the lowest in Canada – Victoria News

Unemployment in Victoria rose 0.3% to 4.2% last month, according to Statistics Canada.

The census metropolitan area (CMA) of Victoria still has one of the lowest unemployment rates in all of Canada, with the national unemployment rate dropping from 1% to 5.5%, according to figures collected between the 13 and February 19. current figures are lower than the pre-COVID unemployment rate of 5.7% in February 2020, as the number of jobs saw notable gains in accommodation and food services as well as information, culture and recreation, both nationally and in Greater Victoria. Overall, employment gains were evenly distributed across provinces and demographic groups.

Belleville, Ontario had the lowest unemployment rate in Canada at 2.3%, followed by Quebec at 2.8%.

Across British Columbia, Abbotsford-Mission CMA tied Victoria. The CMA of Vancouver and the CMA of Kelowna recorded unemployment rates of 5.4% and 7.1% respectively.

Statistics Canada recorded the latest figures during a period when several provinces “had lifted or were in the process of lifting evidence of vaccination requirements and capacity limits in establishments such as restaurants, retailers, theaters and gymnasiums.

The figures also give a glimpse of what lies ahead for the labor market as a whole. “Other indicators point to an increasingly tight labor market in February,” it read. “The total number of hours worked increased by 3.6 (per cent) while the employment rate, or the proportion of the population aged 15 and over who were employed, increased (one percent) to reach 61.8 percent.”


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EmploymentGrand Victoria