Employment in Canada surged higher in March after three months of flat job growth. Total employment increased by 41,000 jobs and the national unemployment dropped 0.2 points to 7.1 per cent. Total hours worked, which is closely associated with economic growth, increased by 1.2 per cent.
Employment in BC grew by 9,000 jobs in March, including 5,500 full-time jobs. The provincial unemployment rate declined 0.1 points to 6.5 per cent. Over the past 12 months, the BC economy has added 72,000 jobs while growing total employment at a 3.2 per cent rate, the fastest rate of growth among all provinces.
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The British Columbia Real Estate Association (BCREA) is the professional association for more than 20,000 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for their clients.
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