The October Labour Force Survey says British Columbia has the lowest unemployment rate and has created the most jobs in the country.
The Minister of Jobs, Trade and Technology for B.C, Bruce Ralston says the good numbers are due to the hard work from the B.C Government.
“Our economy remains resilient, with low unemployment, higher wages and positive job growth despite challenges both globally and here in Canada. For more than two years, our government has harnessed a strong and stable economy by investing in British Columbians and practising smart fiscal management.”
The Labour Force Survey said the province did very well in job growth, wages, and unemployment rates.
In October, it created 15,300 jobs, more than any other province – the vast majority being full-time jobs. The unemployment rate in B.C is again the lowest in the country at 4.7 percent.
Hourly wages increased last month and now sit at $28.35, which is among the highest wage growth across Canada. Over the past year, B.C.’s average hourly wages have increased by $1.55 or 5.8 percent.
Ralston says the province is also taking steps to help Indigenous small businesses because they are big part of the B.C economy.
“We also recently announced the addition of an Export Navigator adviser dedicated to helping Indigenous small businesses around the province grow by reaching new markets. Indigenous businesses are a critical part of our province’s success, and exporting is a key way to create more jobs and opportunities in communities around the province.”
Ralston added that although some sections didn’t see great benefits, the province is working to make sure everyone feels like B.C is the best place to work.
“Some sectors in B.C. are not feeling the benefits of the robust labour market and strong economy, and we remain dedicated to supporting workers in these industries, especially those in forestry jobs,” said Ralston.
“We are committed to standing up for vulnerable workers in our pursuit to make life better for all British Columbians.”
