By NanaimoNewsNOW Staff

Unemployment rate dips in Nanaimo

Jun 9, 2017 | 3:38 PM

NANAIMO — New unemployment numbers show the Nanaimo area’s jobless rate dropped to 4.7 per cent in May.

That’s down from 6.2 per cent in April, according to Statistics Canada.

Nanaimo’s labour force participation rate last month climbed slightly to 62 per cent in May from 61.3 per cent in April.

The jobless rate in the Nanaimo area in May of last year was 5.5 per cent.

Nationally, the unemployment rate in Canada inched up slightly last month to 6.6 per cent. The national jobless rate of 6.5 per cent in April was the lowest level since the start of the last major recession.

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British Columbia’s jobless rate ticked upward a tenth of a per cent to 5.6 in May, according to Stats Canada.

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