â–ş Listen Live
â–ş Listen Live

Kootenay unemployment rate falls to 3.8%

The jobless rate in our area is now below four per cent.

Statistics Canada says there were 83,300 people working in the Kootenays last month and 3,300 looking for work, for a rate of 3.8 per cent.

In the same month of 2021, there were 83,700 and 5,000 looking for a rate of 5.6 per cent.

The population is believed to have increased in that time from 138,300 to 140,700.

Nationally, the unemployment rate fell to a new record low of 4.9 per cent in June as fewer people searched for work. It was the fourth straight month that a new record low was set.

However, employment fell by 43,000. It was the first time since January that fewer people were working. Stats Can says the loss was almost entirely due to a decrease among workers aged 55 and older.

They say a decline in the services-producing sector, particularly in retail trade, was offset by gains in manufacturing.

Self-employment declined, while the number of employees in both the public and the private sectors held steady, they added.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Speed limit reduced, semi-trailers banned on Old Waneta Road

The City of Trail says it's taking steps to improve safety on a residential street.

Trail Smoke Eater’s bio shortlisted for national award

The Longest Shot: How Larry Kwong Changed the Face of Hockey is one of five books nominated for the Sharon Fitzhenry Award for non-fiction. The winner will be announced Oct. 27 in Toronto.

Cold War intrigue shadowed Trail hockey game, writer reveals

One of the most memorable games in Trail's hockey history had the RCMP on high alert due to its potential "off-ice intrigue," according to the latest edition of The Hockey News.

Trail applies for $4.6 million to twin critical watermain

City council gave its blessing last week to submitting the application to the Strategic Priorities Fund, which is administered by the Union of BC Municipalities.

Trail approves new approach to Communities in Bloom

Changes are coming to the way Trail handles its beautification program following the departure of the group's longtime chair.
- Advertisement -