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Mixed Message To Cariboo Unemployment Numbers

There is double digit unemployment for the first time in a long time in the Cariboo Region.

Andrew Fields is a Labour Market Analyst for Statistics Canada…

“It looks like the unemployment rate in Cariboo increased to 10 percent. That’s compared with 6.7 percent last March so certainly that is a notable increase.”

Fields says it should be noted however that the actual number of people employed in the region is actually up a bit from a year ago.

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There were 79,400 people working in the region last month, up from 76,900.

He says the reason for the high unemployment rate is that a lot more people are looking for work in the Cariboo.

This is the largest unemployment rate however, since March of 2010.

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