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Home / 2017 / Unemployment rate drops in Cariboo, North Coast-Nechako

Unemployment rate drops in Cariboo, North Coast-Nechako

Unemployment rate drops in Cariboo, North Coast-Nechako

It appears more people are working in both the Cariboo and North Coast-Nechako regions

According to Andrew Field with Statistics Canada, there has been a big drop in the unemployment rate.

North Coast-Nechako saw the rate drop from 7.7 per cent in October, 2016 to 5.9 per cent this past October. Field says that’s a drop of 1.8 per cent.  There were 2,600 more people working mainly in natural resources, construction and wholesale-retail trades.

While in the Cariboo, the number declined by 1.2 per cent going from 7.7 in October, 2016 to 5.9 this past October.

Field says 3,700 more people found jobs in construction, health, and wholesale and retail sales.

Povincially, BC remains the province with the lowest rate of unemployment at 4.9 per cent which is unchanged.

Nationally, the economy added 35,300 new jobs, but the unemployment rate inched a bit higher to 6.3 per cent, up by .1 per cent

 

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