â–º 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

cfsm Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Choose Cranbrook wins awards for marketing excellence

The City of Cranbrook’s Choose Cranbrook economic development program has been recognized with top provincial and national honours for marketing excellence.

Province rolls out updated flu and COVID-19 vaccines for fall

B.C. officials say it’s time to roll up your sleeves as we enter the fall virus season.  The post Province rolls out updated flu and COVID-19 vaccines for fall appeared first on AM 1150.

B.C. attorney general welcomes proposed federal bail reforms targeting repeat violent offenders

B.C. Attorney General Niki Sharma said proposed changes to Canada’s bail laws reflect the province’s push for tougher rules targeting repeat and violent offenders.  The post B.C. attorney general welcomes proposed federal bail reforms targeting repeat violent offenders appeared first on AM 1150.

Cranbrook water main repair work this Sunday

The City of Cranbrook is advising residents of water main repair work that will close 9th Avenue South between Baker St. & 1st Ave South on Sunday, Oct. 26.

Shadow Mountain residents given three-year notice of tax changes

Shadow Mountain residents can expect to pay more in taxes in three years from now as it moves from provincial tax rates to municipal rates. 
- Advertisement -