B.C. adds 8,700 jobs in January amid ‘solid’ labour market

Roman Schwartz
February 11, 2019

"Following a quieter month in December", when the economy generated only 9,300 new jobs, January's figures "blew past expectations" commented Royce Mendes of CIBC Economics, for a modest gain of 5,000 to 6,000 jobs.

There was a surge of 66,800 net new jobs across the country, but many Canadians were still left searching for work.

Part-time job gains outpaced full-time, 36,000 versus 30,900, and youth age 15 to 24 led employment growth, accounting for a whopping 79 percent of total job gains and virtually all the part-time gains.

Provincially, Alberta lost jobs for the second straight month, pushing its unemployment rate up to 6.8 per cent.

It's better, he said, to look at the three-month and six-month trends, although he also described those results as solid in recent months.

The unemployment rate in Northeast B.C. edged up to 5.5% in the first month of 2019. This article is strictly for informational purposes only. Employment in the Calgary region rose by 2,900 month over month and by 6,900 year over year.

Like B.C., the gain in unemployment came as more people entered the workforce.

NFL Draft: Complete list of invitees for NFL Scouting Combine
We've officially reached the second month of draft season, which means the 2019 NFL Combine is right around the corner. Joining Murray in Indianapolis will be six offensive teammates and kicker/punter Austin Seibert .

The increase in unemployment continues to rise, even slightly.

Last week, Bank of Canada senior deputy governor Carolyn Wilkins said the country has been in a "puzzling" stretch of weak wage growth at a time when the job market has been experiencing one of its biggest labour shortages in years.

She said the struggles of energy-producing provinces, which began with the late-2014 oil slump, have been a big factor that has dragged down national wage-growth numbers.

The numbers Friday also showed that, year-over-year, the number of employee hours worked were up 1.2 per cent compared to 0.9 per cent in December.

The Alberta rate rose from 6.4 per cent in December to 6.8 last month after almost 16,000 jobs were lost.

Decreases were recorded in the goods-producing industries, most notably in agriculture. For last month, the rate was at 7.8%, an increase of 0.8% from December.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER