B.C. Unemployment rate still the best in Canada

By Doug Collins/The Canadian Press
February 9, 2018 - 6:42am

VANCOUVER — Despite a small rise, B.C.'s unemployment rate is still the best in Canada.

It's the only rate under 5%, having risen to 4.8% in January, from 4.6% in December.

Overall,   January saw the steepest one-month decline in the Canadian labour market in nine years, with the number of jobs falling by 88-thousand.

The overall result was dragged down by a loss of 137-thousand part-time positions in what was the category's largest one-month collapse on record.

However, Statistics Canada says the economy generated 49-thousand full-time positions last month.

Even with last month's overall decline, Canada has been on a strong run of job creation that has seen the country add more than 414-thousand full-time jobs over a 12-month period. 

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