Kamloops jobless numbers continue downward trend | iNFOnews | Thompson-Okanagan's News Source
Subscribe

Would you like to subscribe to our newsletter?

Current Conditions Mostly Cloudy  0.7°C

Kamloops News

Kamloops jobless numbers continue downward trend

Image Credit: Shutterstock

KAMLOOPS - The unemployment rate in Kamloops is trending downwards, bucking the upward trend provincially and nationally.

In June, the unemployment rate in Kamloops was 5.8 per cent, which translates to 4,300 people out of work and 69,700 people employed, according to data from the most recent Labour Force survey published July 6.

The city's unemployment rate in June 2017 was 8.8 per cent, Statistics Canada analyst Vincent Hardy says.

"It's good to look at a few trends for several months because it gives us greater confidence about where things are going," Hardy says.

He says the unemployment rate in the city has been trending downwards since March.

The provincial unemployment rate increased to 5.2 per cent in June, compared to 4.8 per cent in May.

Nationally, the economy added 31,800 positions last month and the unemployment rate rose to six per cent, from 5.8 per cent in May.

The unemployment rate for Kamloops decreased from March to May.
The unemployment rate for Kamloops decreased from March to May.
Image Credit: SUBMITTED/Labour Force Survey

To contact a reporter for this story, email Karen Edwards or call (250) 819-3723 or email the editor. You can also submit photos, videos or news tips to the newsroom and be entered to win a monthly prize draw.

We welcome your comments and opinions on our stories but play nice. We won't censor or delete comments unless they contain off-topic statements or links, unnecessary vulgarity, false facts, spam or obviously fake profiles. If you have any concerns about what you see in comments, email the editor in the li

News from © iNFOnews, 2018
iNFOnews

  • Popular penticton News
View Site in: Desktop | Mobile