Unemployment in Canada dropped to the lowest point in a year, but it’s on the rise in B.C..
National unemployment dropped to 7.9 per cent in June, while it rose incrementally from 7.5 to 7.8 per cent in B.C in May, according to a Statscan report.
The highest national gains between June 2009 and June 2010 were in the service sector, at 2.5 per cent.
This is the first time that the unemployment rate has dropped below eight per cent since January 2009, according to Statscan.
These glimpses of economic optimism seem to appeal to our neighbours.
A report today at huffingtonpost.com flaunts Canada’s rebounding employment rates and rising real estate markets as a viable option for Americans looking to improve their lot.
By midday today, 57 per cent of those responding to a Huffington Post poll say that they would come to Canada to pursue work.
The report notes American unemployment rates sat at 9.5 per cent in June due to an “exodus of Americans looking for work”.
A corroborating report states that the U.S. payroll shrank last month due to a mass layoff of 225,000 census takers finishing a 10-year information take.
Door to door census takers helped to finish the 2010 census intake on time and under budget according to a U.S. Bureau news release.
Justin Langille reports for The Tyee.
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realisticman
1 year ago
Very Interesting.
This morning I read this story on the Huffington Post and I thought that it was interesting yet unsurprising considering the excellent and encouraging new job numbers that have just been released here in Canada.
I know that it's vacation season but this story has been up here for 8 hours and elicited no comments. The Huffington Post story has been up for 12 hours and there are 3,719 comments.
Very interesting.
VivianLea Doubt
1 year ago
vacation?
We are all busy looking for work.
realisticman
1 year ago
Actually It is not on the Rise!
Click on the link and look at the Stats Can table and you can see that the numbers are 'Seasonally Adjusted'.
The more important figure is year over year and in this case BC employment is UP -0.3.
37,100 MORE people are working in Full-Time jobs in BC than there were last year.
9,000 MORE people are working in Part-Time jobs in BC than there were last year.
5,400 LESS people in BC are on the unemployment roles, than last year. This is a 2.7% DECLINE in unemployment!
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This is just one more reason why anyone that is really interested in anything they see in any media should really look a bit deeper than the surface, to get at the real story. One must double check any story with more than one source to try and get to the facts.
CanadianLatitude
1 year ago
Just seasonal summer jobs
Just seasonal summer jobs that is all.
Plus people off EI and on welfare and they are not counted in unemployment numbers.
Gary
1 year ago
Seasonally adjusted?
Gee, I wonder just how many of those that are off the unemployment role and on the welfare dole. Which of course is not included in the UNemployment figure.