The unemployment rate in Kamloops last month dipped marginally to 6.1 per cent from 6.4 in August.
However, the Chief Economist for the Central One Credit Union Helmut Pastrick says the reduction has more to do with what he calls ‘labour patterns’.
“The labour force component has contracted and as a result generating that lower unemployment rate.”
Pastrick says this province was the best in the nation with a rate of 4.2 per cent down from 5.3 but, he says, don’t read too much into the numbers.
“You can see these large swings play out and subsequently the following month or two they are reversed.”
Canada’s job market gained 63,000 positions in September, edging the unemployment rate to lower to 5.9 per cent.