Canadian employment ticked up by 24,900 (0.1 per cent) in November. The Canadian unemployment rate also rose to 5.8 per cent, following an increase to 5.7 per cent last month. Average hourly wages rose 4.8 per cent year-over-year to $34.28 in November, while total hours worked were up 1.3 per cent from November of last year.

Employment in BC rose 0.3 per cent to 2.82 million, while employment in Metro Vancouver fell 0.1 per cent to 1.61 million. The unemployment rate fell 0.1 points in BC to 5.3 per cent while remaining unchanged in Metro Vancouver at 5.8 per cent.

Copyright British Columbia Real Estate Association. Reprinted with permission.