Year-over-year unemployment rate rises in Kamloops

By Greg Fry
October 6, 2017 - 10:59am

KAMLOOPS — Bad news on the unemployment front in Kamloops.

Fresh numbers from Statistics Canada show the year-over-year unemployment rate rose to 9.2 per cent in September, up from 6.5 per cent in September 2016.

"That represents 6,100 people unemployed this September compared to 4,400 last year," says Labour Analyst Vincent Ferrao. "There were 60,400 pepole working in September and a year ago there were 62,800."

Looking at the Thompson-Okanagan region as a whole, Ferrao says there were fewer people working in manufacturing, professional, scientific and technical services along with accommodation and food services.

The employment picture looked much better provincially, though, where the unemployment rate dropped from 5.6 per cent in September 2016 to 4.9 per cent last month.

"The greatest gains were in construction, manufacturing, healthcare, finance, real estate and leasing," says Ferrao.

The national picture looked positive too as the unemployment rate dropped from 7 per cent to 6.2 per cent year over year.

"There were 320,000 more people working over 12 months and an increase of 1.8 per cent," he says. "There were more people in manufacturing, wholesale and retail, transportation and warehousing."

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