The year over year unemployment rate in the Cariboo was up substantially last month.
Vincent Ferrao, a Labour Market Analyst with Stats Canada, says “the Cariboo region came in with an unemployment rate of 8.7 percent. At the same time last year, September, it was 5.”
He says there were fewer people working and more people looking for work.
“We have this September 76,600 people working. And a year ago there were 85,100 people working. There were 7,300 unemployed people looking for work in September. A year ago there were about 4,500.”
Ferrao says there were declines in several sectors.
“Wholesale and retail sales, that contributed to the decline. There was also a decline in educational services and public administration, and a smaller decline in manufacturing.”
Ferrao says there was a slight increase in employment in transportation and warehousing.
Canada’s unemployment rate came in at 7.1 percent in September, which was unchanged from August.
BC’s jobless rate was 6.4 percent.
Quebec, Saskatchewan, Manitoba and Nova Scotia were all lower.
