â–ş Listen Live
â–ş Listen Live

Kootenay unemployment rate drops to 4.3%

The local jobless rate continues to drop.

Statistics Canada says unemployment in the Kootenays stood at 4.3 per cent in May, down from 6.5 per cent in the same month of 2021.

There were an estimated 81,900 people working and 3,700 looking for work, both declines over last year when 83,100 had jobs and 5,800 were job hunting. The population increased from 138,200 to 140,600.

The local rate was even below the national rate of 5.1 per cent, which was a record low.

The economy added 40,000 new jobs driven by high demand in the accommodation and food service industries.

Women made up the lion’s share of newly employed but job opportunities for men also remained steady.

According to the stats, the availability of part-time jobs fell as did employment in the goods producing sector because of a decline in manufacturing.

The Kootenay rate was also lower than the provincial rate of 4.5 per cent, which was the lowest since July 2019. It was down from seven per cent in May 2021.

The provincial government says there are now nearly 100,000 more people working in B.C. than before the pandemic began.

Greg Nesteroff
Greg Nesteroff
Greg has been working in West Kootenay news media off and on since 1998. When he's not on the air, he's busy writing about local history. He has recently published a book about the man who founded the ghost town of Sandon.

Continue Reading

chnv Now playing play

ckkc Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Osprey 2000 out for fall maintenance

Western Pacific Marine has notified passengers that the Osprey 2000 will be out of service from tomorrow, Monday, Oct. 20, to Monday, Nov. 17, for scheduled semi-annual maintenance.

Kootenay drivers ticketed in fall traffic safety blitz

Dozens of drivers in the Kootenays were ticketed in September for distracted driving and seatbelt violations, according to figures from B.C. Highway Patrol.

Final weekend for Pumpkin Fest in Krestova

The seventh annual edition of the family-friendly event will be on from 10 a.m. to 5 p.m. today and tomorrow.

FortisBC urges winter outage preparedness

FortisBC is urging residents to be prepared for power outages as winter weather approaches.

28 animals removed from West Kootenay property amid cruelty investigation

Twenty-eight animals were removed from a rural property in the Kootenays earlier this month following an animal protection investigation involving concerns of irresponsible breeding and neglect. 
- Advertisement -