The city’s unemployment rate doubled between May 2022 and May 2023, according to Statistics Canada data.
Prince George’s unemployment rate rose to 7.9 per cent in May, up from 7.3 per cent in April, according to data reported by Statistics Canada on Friday.
May’s unemployment rate was more than double the city’s unemployment rate in May 2022, which stood at 3.9 per cent. In May 2022, there were 54,600 people employed in the city and 2,200 people seeking employment. The labour force participation rate in May 2022 was 68.9 per cent.
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