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BC's unemployment rate second lowest in Canada

Darpan News Desk The Canadian Press, 09 Aug, 2024 12:19 PM
  • BC's unemployment rate second lowest in Canada

B-C's jobs minister says the province is holding steady in the face of high interest rates and slower growth globally, adding nearly 64-thousand jobs in the past year.

Brenda Bailey says the unemployment rate is 5.5 per cent, the second lowest among the provinces, while B-C had the highest average hourly wage last month.

Bailey says the labour force survey shows construction jobs have increased by more than 29-thousand over the last year, including six-thousand last month.

She says last month also saw B-C add 49-hundred jobs in the health care and social assistance sectors and 28-hundred in agriculture.

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Raid on retail outlets: VPD

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Upcoming mortgage renewals part of why BoC held rate at 5%: Macklem

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