Thursday, April 16, 2015

Canadian Employment

Canadian employment grew by 29,000 jobs in March while the national unemployment rate remained at 6.8 per cent. Total hours worked, which is strongly correlated with economic growth, rose just 0.1 per cent compared to March 2014.   First quarter job gains amounted to a fairly healthy 63,000 new jobs, though mostly concentrated in part-time work.

In BC, employment increased by 5,700 jobs in March, though all in part-time work. Full-time employment fell by approximately 5,700 while part-time employment was up 11,300. The provincial unemployment rate declined 0.2 points to 5.8 per cent.

Copyright BCREA - reprinted with permission 

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