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HomeNewsCariboo Jobless Rate Remains Flat

Cariboo Jobless Rate Remains Flat

Employment remained flat in the Cariboo last month.

Andrew Fields, a Labour Market Analyst with Stats-Canada, says “the unemployment rate in September, 2016 was 7.4 percent. 12 months earlier in 2015 it was 7.7 percent so 7.7 to 7.4 is not statistically significant.”

Fields says there were actually around one thousand fewer people working in the Cariboo.

He says there were increases in both the agriculture and natural resource industries but a decline in accommodation and food services.

BC, meanwhile, is performing better as the unemployment rate of 5.7 percent and the employment growth rate of 2.6 percent are both number one in Canada.

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