Kootenays Had Canada's Second-Best Unemployment Rate in Canada in January

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Stats Canada is reporting another month of stellar jobs numbers in the Kootenays.

The unemployment rate in the region was unchanged between December 2018 and January 2019, resting comfortably at 3.1%.

The region did experience a slight shakeup in what types of jobs were available though, with full-time work falling by 800 positions to 56,400, while there are now 500 more part-time jobs compared to December at 19,500.

In this time, the overall size of the labour force shrunk by 300 people to 78,300 in January.

In general, the unemployment rate to kick of 2019 marks a significant improvement from the same period in the last two years, as 7.4% of the potential workforce did not have a job in the first month of 2018, while the same was true for 7.7% in 2017.

This means the Kootenays had a lower unemployment rate than anywhere else in the province. The provincial average was 4.6% with other regions ranging from 3.8% (Vancouver Island and Coast) to 5.9% (Cariboo).

"B.C.'s unemployment rate remained the lowest in Canada - for the 17th month in a row - at 4.7%. Private sector jobs have been fuelling employment growth in the province, with an increase of 64,800 in the past year," says B.C.'s Jobs, Trade, and Technology Minister Bruce Ralston on the provincial numbers. 

"This means people continue to see the benefit of a high-performing economy following many years of wage stagnation."

For the country as a whole, unemployment went up by 0.2% to 5.8%, adding 67,000 jobs in January.

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