Prince George saw a drop in the unemployment rate last month. In the Monthly Economic Report, the rate was at 5.3%, which is down 1.2% from a year ago. Mayor Lynn Hall attributes this to many factors, such as the new condo project that was approved by council and a rise in building permits throughout the city. Last month, Prince George issued 34 building permits valued at $8.1 million, which is 50% higher than last year.
Photo courtesy of Invest City of PG Twitter page.