B.C. unemployment rate remains in good shape

Offsetting those gains, the wholesale and retail trade sector lost 35,900 positions.

Regionally, Quebec posted the largest increase with a gain of 18,400 jobs, while Alberta added 11,900. Manitoba added 4,000 jobs and Newfoundland and Labrador rose by 3,400. Saskatchewan lost 4,000 jobs in October.

Compared with a year ago, employment was up by 308,100 jobs as the number of full-time jobs increased by 396,800 and the number of part-time positions fell by 88,700.

The jobs figures came as Statistics Canada also reported that the country’s trade deficit totalled $3.2 billion in September, essentially unchanged from the previous month which was revised to a deficit of $3.2 billion compared with an initial estimate of $3.4 billion.

The trade deficit came as exports fell 0.3 per cent to $43.6 billion in the month, a fourth consecutive monthly decline.

A 10.6 per cent drop in exports of motor vehicles and parts were offset in part by a 7.2 per cent increase in exports of energy products. Prices of exports fell 0.6 per cent, while volumes grew 0.3 per cent.

Meanwhile, imports fell 0.3 per cent to $46.7 billion as imports of electronic and electrical equipment and parts fell 4.6 pr cent and consumer goods fell 1.9 per cent.

Prices of imports fell 1.5 per cent, but volumes increased 1.3 per cent.

The B.C. Unemployment rate remained unchanged at 4.9 percent

Craig Wong, The Canadian Press

by The Canadian Press

B.C. unemployment rate remains in good shape

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