Canadian Employment - August 10, 2018
Total Canadian employment increased by 54,000 jobs in July, though all of those gains were concentrated in part-time work with full-time employment falling on a monthly basis. The national unemployment rate declined 0.2 points to 5.8 per cent and total hours worked across the economy rose 1.3 per cent.
In BC, employment rose by 11,000 jobs thanks to a surge in full-time employment. However, July's gains mark only the second month of job growth in the province in 2018. On a year-over-year basis, employment was down 0.2 per cent and the provincial unemployment rate ticked 0.2 points lower to 5 per cent.
Copyright British Columbia Real Estate Association. Reprinted with permission.
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