Not much change in BC’s job market in May

Vancouver, BC, Canada / (CKNW AM) AM980

Canada’s unemployment rate rose to 7% per cent in May, up from 6.9% the previous month.

Statistics Canada says 25,800 net new jobs were created during the month, after dropping 29,000 jobs in April.

But most were part-time positions.

While the jobless rate in British Columbia went up to 6.1% in May from 5.8% in April, Statistics Canada analyst May Roos says the employment situation didn’t really change.

She says a drop of 1990 jobs in the month was NOT statistically significant.

Roos adds, “There were some increases in manufacturing, construction, agriculture and utilities, and some decreases in accomodation and food services.”

In the United States, employers added 217,000 jobs in May – the 4th month in a row of solid gains, leaving the American unemployment rate unchanged at 6.3%.

Comments

  1. So replacing full time jobs with part time jobs is not statisitically significant ??
    Give it a few more years and see just how significant it is !!!
    The last time I looked part time jobs didn’t have much in the way of benefits packages

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