Postive job numbers a sign of slow and steady climb
BC’s economic restart continued in August, with the unemployment rate in Greater Victoria dropping to 10.3% from 11.1% the month before.
“This is the fourth month we’ve seen a bit of a rise in the number of people working, which is good,” Chamber CEO Bruce Williams told CHEK news. “It’s a sign that we’re slowly on the road to recovery, but still reflects the great big hole in the economy with tourism and hospitality not really returning to anything near normal levels right now.”
The province says it has now recovered 94% of jobs lost during the initial economic restrictions imposed to slow the spread of COVID-19.
“This is the fourth month we’ve seen a bit of a rise in the number of people working, which is good,” Chamber CEO Bruce Williams told CHEK news. “It’s a sign that we’re slowly on the road to recovery, but still reflects the great big hole in the economy with tourism and hospitality not really returning to anything near normal levels right now.”
The province says it has now recovered 94% of jobs lost during the initial economic restrictions imposed to slow the spread of COVID-19.
