Canadian employment dipped slightly from February to March, though increased 1.8 per cent year-over-year.  In the past 12 months, the Canadian economy added 332,000 jobs including 204,000 full-time jobs. The national unemployment rate held steady in March at 5.8 per cent.

In BC, employment grew by 7,900 jobs in March, including 3,000 full-time jobs. On a year-over-year basis, employment was up 3.2 per cent. Despite strong job growth, the provincial unemployment rate moved 0.2 points higher to 4.7 per cent as the number of people actively looking for work grew faster than employment.

Copyright British Columbia Real Estate Association. Reprinted with permission.