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Cariboo Holds It’s Own On Employment

Employment in the Cariboo region remained stable last month.

Andrew Fields, a Labour Market Analyst with Stats Canada, says “the unemployment rate was 7.8 percent in June. That is unchanged from last June. A similar story for the rate of employment, there were 78 thousand employed in June 2016, that held steady compared with June 2015.”

Fields says there was some movement within the various industries.

He says there were roughly three thousand fewer people working in wholesale/retail trade but that was offset by modest increases in other industries.

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BC as a whole continues to perform well.

Fields says the province’s unemployment rate was 5.9 percent last month, the lowest in the country, and that year over year employment growth to date is at 70 thousand, which is also the best in Canada.

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