Listen Live
Listen Live
Listen Live

Federal unemployment rate hits historic high

The unemployment rate has hit a record high of 13.7 percent.

This is the highest the jobless rate has been since 1982.

The economy added 289,600 jobs in May as businesses started to reopen.

The agency says the increase in the unemployment rate is a result of more people looking for work, particularly people who have worked in the past year.

Since the COVID-19 pandemic was declared in March over 3-million Canadian jobs have been lost.

The unemployment rate pre-pandemic in February was 5.6-percent.

 

Something going on in the Cariboo you think people should know about?
Send us a news tip by emailing [email protected].

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

BC Forest Sector calls on Ottawa to treat the lumber file with urgency

 The BC Forest sector is calling on the federal government to bring the same urgency to the lumber file as it has to steel, aluminum, and energy.

Quesnel set overnight low record

A new record overnight low was set in one Cariboo community.

Contactless payments coming soon to BC Transit riders

Bus riders may soon have an easier way to pay for their fare, as BC Transit prepares to roll out contactless debit and credit card payments across its network through the Umo fare system.

Open House October 15 at Thompson Rivers University Williams Lake Campus

Thompson Rivers University Williams Lake Campus is putting out the welcome mat.

Williams Lake police officer ordered to resign 

 Details of a conduct board review that led to the ordered resignation of a Williams Lake police officer were released earlier this month.
- Advertisement -