Canadian employment was essentially flat from March to April, though compared to April 2016, employment is 1.5 per cent higher. The national unemployment rate moved 0.2 points lower to 6.5 per cent, the lowest level since October 2008.
While employment across Canada was little changed, job growth in BC continues to surge. The province posted 11,300 new jobs in April BC and has added 80,000 jobs in the past 12 months, largely in full-time work. The provincial unemployment rate remained at 5.5 per cent in April as new additions to the labour force kept pace with employment gains.
Copyright British Columbia Real Estate Association. Reprinted with permission.
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