Tuesday, February 11, 2014

Canadian and US Employment

The Canadian economy began 2014 strong, adding 29,000 jobs in January. The Canadian unemployment rate fell 0.2 points to 7 per cent.

Good news in BC as well, employment grew by 7,100 jobs including a gain of 9,100 full-time positions, the highest growth in over six-months, while part-time work fell by 2,000.  The provincial unemployment rate fell 0.2 points to 6.4 per cent.

In the United States, payrolls expanded by a somewhat disappointing 113,000 jobs, missing the consensus forecast of 175,000. Despite the modest uptick in employment, the US unemployment rate fell to 6.6 per cent.


Copyright BCREA –reprinted with permission 

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