Saturday, October 12, 2013

Canadian Employment

Following significant ups and downs over the summer, Canadian employment was little changed in September. However, a decline in youths looking for work pushed the Canadian unemployment lower by 0.2 points to 6.9 per cent, the lowest rate in five years. Total employment has grown 1.2 per cent in the past 12 months. 

In BC, employment fell by 5,400 jobs as a decline in part-time work of 8,200 was only partially offset by higher full-time employment. The provincial unemployment rate rose by 0.1 points to 6.7 per cent. Year-to-date, employment growth in BC is flat while the level of total employment in September is 0.7 per cent lower than in 2012. 

Copyright BCREA - reprinted with permission 

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