- Updated Jul 11, 2024
In June total employment in B.C. slipped by almost 10,000. The number of employees in the private sector edged higher but a rare decline in public sector employment pulled the overall employment numbers down.
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- Updated Feb 26, 2024
Total employment grew by just 1.5% in B.C. last year, the slowest pace in at least a decade.
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- Updated Nov 29, 2023
B.C.’s headline inflation rate averaged 3.5% in the third quarter of this year. This pace is down from the 7 to 8% annual increase in consumer prices seen through much of 2022. But even with supply chains normalizing and energy prices falling, inflation is likely to be persistent.
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- Updated Aug 9, 2023
In mid 2022 B.C.’s overall CPI inflation rate topped out at 7.9%. Since then, the annual change in the provincial CPI has edged steadily lower and in June of this year was 3.5%.
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- Updated Jun 16, 2022
With inflation in B.C. running above 6% it is reasonable to expect unions and workers to bargain for higher wage increases. But so far there is little evidence of higher settlements.
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- Updated Feb 9, 2022
As the economy continues to recover from the pandemic shock hiring workers is becoming more difficult for many employers. And these challenges will only increase as the labour market “normalizes”.
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- Updated Oct 6, 2021
Amid increasing reports of hiring challenges, recent data from Statistics Canada confirms high and rising job vacancy rates in the province.
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- Updated May 19, 2021
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- Updated Jan 6, 2021
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- Updated Apr 30, 2020
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