A senior B.C Economist says a labour shortage appears to be a key reason for slow job creation in this province.
The Central One Credit Union’s Helmut Pastrick, noting the latest Stats Canada job numbers showing little employment change for this province, since last summer.
“Just a lack of new entrance into the labour force. Certainly on the demographic front, we know there are going to be, and have been, and increasing number of retirees. And as a result, one would see that affect total employment growth.”
From the latest stats can labour surbey, B.C’s unemployment rate is still the lowest among the province’s, at 4.5 per cent.
Kamloops joblessness, down a half point though, to 10.3 per cent, while the national rate was unchanged last month, at 5.8 per cent.