Jeff Qian 钱 晔 // 778-238-2014 //

Canadian and US Employment

Canadian employment declined by 11,000 jobs in August. Both  full-time and part-time employment were down while total hours worked, which is closely associated with economic growth, was unchanged.  The national unemployment rate remained at 7 per cent.

The BC economy eked out a modest 1,800 hundred jobs in August, however those gains were all in part-time work. Full-time employment declined by 14,400. In spite of slightly higher employment, the provincial unemployment rate ticked 0.2 points higher to 6.1 per cent as the number of people looking for work expanded by 8,200. Year-to-date, employment in BC is up just 0.5 per cent.

In the United States, payrolls were up 142,000, well off of market expectations and below 2014 trend growth over 215,000 jobs per month.  The US unemployment rate fell to 6.1 per cent. 

No comments

Post Your Comment:

* indicates required fields.
Your Name: *
Please note, your email will not be shown publicly
Your Email (will not be published): *
Comment: *
Please type the text as it appears above:
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.