B.C. unemployment rate outperforming the rest of Canada, according to Statistics Canada
The B.C. labour market played an outsized role in boosting national numbers in August as the West Coast added 12,000 jobs.
Canada as a whole added 40,000 jobs, with Alberta serving as the biggest contributor amid 9,000 job losses in Ontario. Statistics Canada also revealed Friday B.C.’s unemployment fell 0.2 percentage points to 5.2% compared with a month prior. The national rate remained static at 5.5%. Employment within the finance, insurance, real estate, rental and leasing category took a hit in B.C., though, shedding 7,700 jobs amid high interest rates.More to come …
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Statistics Canada to release August jobs data this morningOTTAWA — Canadians will get a read on the health of the jobs market this morning as Statistics Canada gears up to release the August Labour Force Survey.
Read more »
Statistics Canada to release August jobs data this morningOTTAWA — Canadians will get a read on the health of the jobs market this morning as Statistics Canada gears up to release the August Labour Force Survey. The jobs market has been showing signs of softening in recent months, with the unemployment rate climbing to 5.5 per cent as of July, marking the third straight monthly increase. The labour market stalled in July, according to the reporting agency, but wage growth has continued to be strong -- a point of contention for the Bank of Canada as it
Read more »
Statistics Canada to release August jobs data this morningCanadians will get a read on the health of the jobs market this morning as Statistics Canada gears up to release the August Labour Force Survey.
Read more »
Statistics Canada to share August jobs data as market shows signs of softeningOn Wednesday, the Bank of Canada decided to maintain its overnight rate at five per cent, influenced by signs that the economy is weakening.
Read more »
Statistics Canada to release August jobs data this morningCanadians will get a read on the health of the jobs market this morning as Statistics Canada gears up to release the August Labour Force Survey.
Read more »
Unemployment rate steady at 5.5% in August as economy adds 40K jobs: Statistics CanadaStatistics Canada says the unemployment rate held steady at 5.5 per cent in August as the Canadian economy added 40,000 jobs.
Read more »