Kamloops, BC Overview Located at the confluence of two different parts of the Thompson River in the scenic south ...
Kamloops, BC Overview
Located at the confluence of two different parts of the Thompson River in the scenic south central area of British Columbia, Kamloops is a growing city that was named after the nearby Kamloops Lake.
The cost of living in Kamloops is fair, with monthly rent ranging around C$1,202. The average monthly income for Kamloops residents is C$3,428, and the average home can be purchased in the city for around C$400,000. Houses that are located a bit outside the city can often be found for a lower price, while still providing access to the area's many jobs and business opportunities.
Kamloops, BC Job Opportunities
The health care industry is the largest source of jobs in Kamloops, BC. In fact, the Royal Inland Hospital is the city's biggest employer. The agricultural, forestry, green energy, high-tech, mining, and manufacturing industries also offer residents a variety of Kamloops, BC jobs since they are the leading industries in the area. Additionally, a plethora of retail jobs are available through the city's many shopping centres and stores.
Thompson Rivers University offers many professional positions to residents, supplying over 1,500 jobs to the area, and helping to provide an affordable education to local workers. Transportation is also an industry providing jobs in Kamloops, BC. It connects to the Yellowhead Highway and the Trans-Canada Highway. Also, main lines of the Canadian National Railroad and the Canadian Pacific Railroad connect in Kamloops. The Kamloops Airport and Greyhound Canada provide jobs as well.
Kamloops, BC Employment Trends
The unemployment rate in Kamloops is 10.2 per cent. That's a bit higher than other cities in the local area and province. However, the population of around 85,000 residents is steadily growing, although it is at a modest pace. As the population grows and the economy continues to increase, the unemployment rate is expected to decrease as new jobs are created.