April 24, 2024

B.C.’s jobless rate rises to 7%

B.C. added only 5,700 new jobs last month. Combine that with more people looking for work and entering the labour force, according to Statistics Canada, and the province’s jobless rate rose three tenths of a point to seven percent. May Luong with Stats Can says sectors such as accommodation and foodservices, as well as agriculture, saw a … [Read more...]

BC’s jobless rate dips

BC's jobless rate dipped to 6.6 per cent in June, compared to 7.4 per cent the month before. This after 3,500 people found work, and a staggering 18,000 people left the labour market. Statistics Canada analyst Vincent Ferrao says there are many reasons people stop looking for work. "Maybe it's not the right time to look for work, they might take a … [Read more...]