Steve Flynn  RE/MAX Crest Realty- Burnaby 

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Canadian Employment - September 9, 2018

Total Canadian employment declined by 52,000 jobs in August, reversing similar sized gains from July.  Part-time job losses, concentrated in Ontario, were the culprit behind the out-sized decline, falling by 92,000 jobs while full-time jobs rose by 40,000.   The national unemployment rate increased 0.2 points to 6 per cent and total hours worked across the economy rose 1.6 per cent.  Total employment was up 0.9 per cent over this time last year.
 
In BC, employment rose for a second consecutive month as the economy added close to 10,000 jobs in August. On a year-over-year basis, employment was flat and the provincial unemployment rate rose 0.3 points to 5.3 per cent as more people were actively searching for work.



Copyright British Columbia Real Estate Association. Reprinted with permission.


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