Unemployment rate drops again in Greater Victoria

Greater Victoria's unemployment rate was 5% in January, down from 5.8% in December. The region's unemployment rate was 11% last July. The number of people in the labour force was 217,000 in January. That's down from 221,000 in January 2020.

"Our region typically has one of the lowest unemployment rates in Canada, so it's good to see us getting closer to where we were before the pandemic," Chamber CEO Bruce Williams says. "On the other hand, there are people who have left the workforce who will be needed as our economy recovers. Employment flexibility and accessible childcare remain key to bringing them back."