The B.C. labour market played an outsized role in boosting national numbers in August as the West Coast added 12,000 jobs.
Canada as a whole added 40,000 jobs, with Alberta serving as the biggest contributor amid 9,000 job losses in Ontario. Statistics Canada also revealed Friday B.C.’s unemployment fell 0.2 percentage points to 5.2% compared with a month prior. The national rate remained static at 5.5%. Employment within the finance, insurance, real estate, rental and leasing category took a hit in B.C., though, shedding 7,700 jobs amid high interest rates.More to come …
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