Unemployment rate drops 0.8 percentage points to 5.6%, according to national statistics agency
The West Coast job market held steady going into the summer, according to Friday data from Statistics Canada.
B.C. added 5,000 jobs in June for thefourth consecutive month of gains.
Most of the gains were driven by the food/accommodation sector (+8,000 jobs), making up for almost all of the 8,700 jobs lost in that sector a month prior.
The tech sector added 2,500 jobs—falling far short of the 11,100 jobs added in May.
Losses were felt in manufacturing (-4,800 jobs), transportation/warehousing (-4,800 jobs) and construction (-2,500 jobs).
The province’s unemployment rate dropped a solid 0.8 percentage points to land at 5.6 per cent. This comes after the unemployment rate grew from April to May despite the province adding 13,000 jobs during that time period.
The latest unemployment figures indicate more people are leaving the job market.
More to come …
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