Southwest B.C. labour market tightening as COVID-19 restrictions lift

October 31, 2021

According to the BC Check-Up: Work , an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on employment trends across the province, Southwest B.C.’s unemployment rate fell to 7.0 per cent in September 2021, down from 10.9 per cent in September 2020.

“With a rebounding economy, businesses across Southwest B.C. have been rapidly expanding their workforce,” said Lori Mathison, FCPA, FCGA, LLB, president and CEO of CPABC. “That being said, the region is experiencing an uneasy dichotomy – with a large number of residents who are actively seeking but unable to secure work, together with a large number of employers who are unable to hire appropriately skilled employees.”

Source: Financial Post