BCREA ECONOMICS NOW
Canadian Employment - November 3, 2017
Canadian employment increased by 35,000 jobs in October while the the national unemployment rate increased 0.1 points to 6.3 per cent. In the twelve months to August, employment in Canada is up 1.7 per cent, or 308,000 jobs.
In BC, employment declined for a fourth consecutive month, falling by 6,100 jobs in October. Full-time employment continued to rise, with firms adding 11,000 full-time positions, but total employment was dragged lower by a 17,200 drop in part-time work. Over the past twelve months, the level of employment in BC is up 2.7 per cent. The provincial unemployment rate held steady in October at 4.9 per cent.
For inquiries regarding statistical and economics-related news releases, please contact:
Cameron Muir: Chief Economist
Brendon Ogmundson: Economist
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