Jeffrey Qián 錢 曄 // 778-238-2014 // info@jeffreyqian.com

Canadian and US Employment

Canadian employment increased by 67,000 jobs in September, the largest single month gain since 2012. However, 50,000 of those job gains were from those reporting self-employment while public and private sector employment accounted for just 17,000 new jobs.  The national unemployment rate was unchanged at 7 per cent and total hours worked, which is highly correlated with economic growth, edged up 0.2 per cent compared to this time last year. 

In BC, employment was essentially unchanged for a second consecutive month. Although up slightly in September, the provincial unemployment rate remained the lowest in the country at 5.7 per cent and provincial job growth year-to-date is the strongest in the country at 3.2 per cent.

In the US, the last job figures before election day showed an increase of 156,000 jobs while the national unemployment rate rose to 5 per cent. Over the past six months, US job growth rose an average of 192,000 jobs per month. 

Comments:
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Your Email (will not be published): *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.