Kootenay unemployment rate 4.9% in October

Statistics Canada says the unemployment rate in the Kootenays dipped in October compared to the same time last year.

Out of a population of 141,100, there were about 77,200 people working and 4,000 looking for work, for a rate of 4.9 per cent.

For the same period of 2021, the population stood at 139,300, with 77,900 people employed and another 5,000 job hunting, a rate of six per cent.

Nationally, the unemployment rate held steady last month at 5.2 per cent, while the BC rate was 4.2 per cent.

The economy added 108,000 more jobs, making up for losses from May to September.

Stats Can says employment rose in manufacturing, construction, and accommodation and food services, but fell in wholesale and retail trade, as well as in natural resources.

The number of private-sector employees rose for the first time since March. There was little change in the number of public sector employees or self-employed workers.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

B.C. to let developers defer most fees until occupancy starting in 2026

Home builders in B.C. will be able to delay paying the majority of development cost charges until a building is occupied, starting next year.

First Nations leaders setbacks in reconciliation should spur reflection this Canada Day

Canada Day this year comes amid a surge in national pride among Canadians, however, First Nations leaders across the province say Canada Day should also be an opportunity to reflect on the country’s colonial history.

B.C. weighs stripping tenant protections from supportive housing residents

A new working group is exploring the possibility of removing supportive housing from British Columbia’s Residential Tenancy Act in an effort to address safety concerns at the facilities.

Commercial logging isn’t happening in BC parks; says B.C. Minister

When it comes to commercial logging, BC parks are off-limits.

B.C. receives improved rating on interprovincial trade: CFIB

The Canadian Federation of Independent Business has praised British Columbia on making strides toward removing interprovincial trade barriers over the last year, but claims there’s still more work to be done. 
- Advertisement -