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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 604.742.2780 cmuir@bcrea.bc.ca Brendon Ogmundson: Economist 604.742.2796 bogmundson@bcrea.bc.ca The Housing Market Update video podcast is produced monthly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS® may reprint this content, provided that credit is given to BCREA by including the following statement: "Copyright British Columbia Real Estate Association. Reprinted with permission." BCREA makes no guarantees as to the accuracy or completeness of this information. Copyright© British Columbia Real Estate Association 1420 – 701 Georgia Street West PO Box 10123, Pacific Centre Vancouver, BC V7Y 1C6 Phone 604.683.7702 Fax 604.683.8601 www.bcrea.bc.ca bcrea@bcrea.bc.ca To subscribe to receive other BCREA publications such as this one, to unsubscribe, or to update your email address or current subscription list, click here.
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