BC Employment Rate Rises

Courtesy BCREA - October 4, 2018


Total Canadian employment increased by 62,000 jobs in September, reversing the similar sized decline from August. Part-time employment accounted for most of the gain, rising by 80,000 while full-time work declined.   The national unemployment rate declined 0.1 points to 5.9 per cent and total hours worked across the economy rose 0.6 per cent.  Total employment was up 1.2 per cent over this time last year.
 
In BC, employment rose for a third consecutive month as the economy added an astonishing 33,000 jobs in September (near the all-time record of 34,700 set in May 2015), including 26,000 full-time jobs. Employment in the third quarter was up 54,000 jobs after declining in the first half of the year.  On a year-over-year basis, employment was up 1.7 per cent and the provincial unemployment rate fell 1.1 points to 4.2 per cent, the lowest rate of unemployment in the province since June 2008.

Comments:
No comments

Post Your Comment:

* indicates required fields.
Your Name: *
Please note, your email will not be shown publicly
Your Email (will not be published): *
Comment: *
Please type the text as it appears above:
Blogs
Posts By Date
Categories
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.