Thursday, March 24, 2016

Canadian Employment

Employment in Canada was unchanged in February as gains in part-time work offset a decline in full-time jobs. The national unemployment rate rose 0.1 points to 7.3 per cent, the highest rate of unemployment in three years.

BC was the only province that saw job growth in February. Employment was up by 14,000 jobs and was 3 per cent higher than one year ago, the highest rate of job growth in Canada. The provincial unemployment rate remained unchanged at 6.6 per cent as in-migration from other provinces continues to add to the pool of individuals actively looking for work.

Copyright BCREA – reprinted with permission 

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