Canada added 54,000 jobs in May following flat employment gains in April. However, the national unemployment rate edged up 0.1 points to 6.6 per cent as the number of people joining the workforce in search of a job outpaced hiring.
The BC economy continues to add jobs at a torrid pace. The province added 12,300 new jobs in May, a more than 4 per cent increase over the past 12 months. The provincial unemployment rate inched up 0.1 points to 5.6 per cent as the strong BC economy draws job searchers into the provincial workforce.
Copyright British Columbia Real Estate Association. Reprinted with permission.
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