Thompson-Okanagan jobless rate improves | iNFOnews | Thompson-Okanagan's News Source

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Thompson-Okanagan jobless rate improves

Image Credit: ADOBE STOCK
February 08, 2021 - 1:00 PM

While the national and provincial unemployment rates climbed in January, the Thompson-Okanagan region improved.

The regional rate dropped to 7.4 per cent in January from 7.7 per cent in December, according to data released last week by Statistics Canada.

During the same time period, B.C.’s unemployment rate climbed to 8.0 per cent from 7.2 per cent and Canada’s went to 9.4 per cent from 8.8 per cent.

The Kelowna Census Metropolitan Area (which means the Central Okanagan) stayed the same at 4.6 per cent. That gives Kelowna the lowest unemployment rate of any major centre in the country.

Last month, Quebec City was the lowest at 4.3 per cent but it climbed to 4.7 per cent in January.

Kelowna is now near where it was in January, 2020 just before the pandemic hit. At that time the unemployment rate was 4.2 per cent versus 4.6 per cent this year.

In January 2020, the Thompson-Okanagan’s unemployment rate was 5.6 per cent.

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