Subscribe with RSS ReaderTotal Canadian employment surged 94,000 jobs in November, almost all in full-time work. The national unemployment rate fell 0.2 points lower to 5.6 per cent, the lowest it has been since 1976. Total employment was up 1.5 per cent, or 227,000 jobs compared to this time last year.
In BC, employment grew by 16,000 in November, though full-time employment declined. On a year-over-year basis, employment was up 1.7 per cent and the provincial unemployment rate rose 0.3 points to 4.4 per cent as the number of people looking for work expanded faster than those finding employment.
Copyright British Columbia Real Estate Association. Reprinted with permission.
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