Carole James covid-19 bc coronavirus economy Coronavirus Carole James

B.C. unemployment rate improves to 11.1% in July with boosts in hospitality, tourism

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globalnews.ca

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]The restaurant and tourism sector have been especially hard hit during the COVID-19 pandemic because of massive travel restrictions and physical-distancing guidelines.The hardest hit group has been people ages 15 to 24, where the unemployment rate hit 29.1 per cent in June, then slid to 24.1 per cent in July.In Metro Vancouver, the jobless rate decreased from 14.2 per cent in June to 11.6 per cent last month.About three weeks ago, Finance Minister Carole James gave the public its first look at the state of provincial coffers since the start of the pandemic.She revealed an expected deficit of $12.5 billion, mostly due to massive reductions in retail sales, corporate.

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