Steve Flynn  RE/MAX Crest Realty- Burnaby 

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Canadian Employment - July 8, 2019

Canadian employment was essentially unchanged in June after adding 27,000 jobs in May.  The unemployment rate rose 0.1 percentage points to 5.5 per cent as the number of people looking for work increased. Total Canadian employment was up by 132,000 job in the second quarter, almost all of which was in full-time work. 

In BC, employment fell by 3,700 jobs, the first monthly decline in employment since October 2018. The provincial unemployment rate rose 0.2 point higher to 4.5 per cent.  Compared to one year ago, employment in BC is up 4.4 per cent or 109,000 jobs.

Copyright British Columbia Real Estate Association. Reprinted with permission.

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