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More people working in Greater Victoria: report

4/13/2022

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Record low unemployment in Canada was reflected in Greater Victoria as the regional rate dropped to 4.1% in March. That's down from 4.2% a month earlier.

“We’ve had one of the lowest unemployment rates for years, which is a mixed blessing for our regional economy,” Chamber CEO Bruce Williams told the Times Colonist. “We are ­fundamentally sound and many sectors have rebounded from the ­pandemic, but the challenge facing all employers, including our members, is finding and keeping the right staff.”

Statistics Canada figures show 229,800 people in Greater Victoria were available to work in March, up 4.3% from March 2021.

"That’s welcome news as people need jobs and employers need people to achieve their economic potential. But people also need homes and our region’s population is growing faster than we’re able to add new homes," Williams said. "The Labour Market numbers really highlight how urgently we need a concerted effort by all levels of government to increase housing supply.”
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  • Membership
    • Why Join?
    • Job Board
    • Member to Member Offers
    • Benefits, Discounts & Savings >
      • Chamber Store
    • Chamber Local
    • 1863 Impact Award
    • Questions & Answers
    • Join Now
    • Member Login
  • Member Directory
  • Events
    • Signature Events >
      • Annual Auction
      • Business Awards
      • Business Hall of Fame
      • Business Leaders Series
    • Event Calendar >
      • Chamber Events
      • Community Events
    • Event Photos 2023
    • Sponsorship
  • News & Advocacy
    • Weekly BizNews >
      • BizNews Articles
    • Advocacy / Wins for Business >
      • Advocacy Wins
      • Business Property Taxes
      • Advocacy Priorities
    • Chamber Chats
    • In the News >
      • Published Op-Eds
      • Media Releases
    • Non-market housing
    • Find and keep workers
    • Business Matters Magazine
    • COVID-19
  • The Chamber 1863
    • 1863-Indigenous
    • 1863-Early Chamber
    • 1863-History Events
    • 1863-Booms and Busts
    • 1863-Members & Communities
    • 1863-Women, people and organizations
    • 1863-Committees
    • 1863-Chairs and Chair Businesses
  • About Us
    • Emerge >
      • Emerge Events
      • Emerge Mentorship
      • Emerge Connect
    • Staff Directory
    • Board & Governance >
      • Governors
      • By-Laws, Plans & Reports
      • Committees
    • Chamber History
    • Partners & Sponsors
    • About Victoria >
      • Starting a Business
      • Moving Here
      • Visiting Victoria, BC
    • Contact Us