B.C. employment edges up as year-to-year exports decline sharply

April 25, 2024

Following a modest monthly increase, British Columbia’s workforce reported another mild expansion last month.

The number of people employed in the province rose by 6,600 people (up 0.2 per cent) from February to March, with year-over-year growth at 2.7 per cent.

Following last year’s lull, B.C. employment has since gained traction and outpaced the rest of the country.

That said, the unemployment rate rose by 0.3 percentage points to 5.5 per cent as labour supply out-paced employment growth. This was driven by population growth and an increase in labour force participation.

Part-time employment in the province declined by 2.4 per cent or 13,700 people, following the 1.6-per-cent month-to-month decrease reported in February.

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