Year-over-year unemployment jumps in Kamloops
KAMLOOPS — Bad news on the jobs front in Kamloops.
According to Statistics Canada, the year-over-year unemployment rate for November rose to 10.7 per cent from 6.4 per cent in November 2016.
“It looks like there were more people searching for work,” says Stats Canada analyst Andrew Fields. “There were a bit over 3,000 more people searching for work compared with last November. And at the same time employment increased but it looks like the number of people searching for work increased at a faster rate.”
In total, he says there were 7,700 people looking for jobs while there were 64,000 people employed.