British Columbia is receiving lots of positive attention in 2016 as the latest figures show the province is thriving on many fronts.
The unemployment rate is down to 5.8 per cent in Canada’s western province, the lowest of all the provinces for the first time since comparisons began in 1976.
Here is a look at the numbers that support Canada’s new provincial powerhouse.
British Columbia Overall
- 5.8% unemployment, down from 6.5% in March and 6.3% in April 2015.
- 110,400 new jobs created, including 21,400 full time positions. Part time jobs fell by 8,400.
- 19,000 more people employed in the private sector. Public sector and self-employed fell 2,800 and 3,100 respectively.
British Columbia Versus the Provinces
On Unemployment
|
Unemployment rate (%)
|
|
|
1) British Columbia
|
5.8
|
|
2) Manitoba
|
6.1
|
|
3) Saskatchewan
|
6.3
|
|
4) Ontario
|
7.0
|
|
5) Alberta
|
7.2
|
|
6) Quebec
|
7.5
|
|
7) Nova Scotia
|
8.3
|
|
8) New Brunswick
|
9.6
|
|
9) Prince Edward Island
|
11.5
|
|
10) Newfoundland and Labrador
|
12.5
|
On GDP
|
2015 GDP change (%)
|
|
|
1) British Columbia
|
3.0
|
|
2) Ontario
|
2.5
|
|
3) Manitoba
|
2.3
|
|
4) New Brunswick
|
1.9
|
|
5) Prince Edward Island
|
1.5
|
|
6) Quebec
|
1.1
|
|
7) Nova Scotia
|
0.8
|
|
8) Saskatchewan
|
-1.4
|
|
9) Newfoundland and Labrador
|
-2.2
|
|
10) Alberta
|
-4
|
On House Prices
|
April 2016
average ($)
|
April 2015
|
Change
|
|
|
1) British Columbia
|
743,640
|
634,744
|
17.20%
|
|
2) Ontario
|
540,608
|
482,250
|
12.10%
|
|
3) Alberta
|
393,285
|
397,811
|
-1.10%
|
|
4) Saskatchewan
|
299,694
|
304,433
|
-1.60%
|
|
5) Manitoba
|
278,862
|
284,320
|
-1.90%
|
|
6) Quebec
|
276,219
|
272,446
|
1.40%
|
|
7) Newfoundland & Labrador
|
255,237
|
276,760
|
-7.80%
|
|
8) Nova Scotia
|
223,958
|
220,823
|
1.40%
|
|
9) Prince Edward Island
|
176,886
|
170,396
|
3.80%
|
|
10) New Brunswick
|
166,267
|
165,622
|
0.40%
|
B.C. April Employment by Gender
8,400 more jobs for men aged 25 and over, making male unemployment rate 5.8%.
6,600 more jobs for women 25 and over. Female unemployment rate 4.2%.
52,500 more jobs for men compared to a year ago. 43,500 more for women.
Youth Employment
10.5% unemployment for youths aged 15 to 24.
Jobs by B.C. Census Metropolitan Area
|
April jobs change
|
|
| Vancouver |
+9,700 or +0.7%
|
|
Kelowna
|
+1,700 or +1.9%
|
|
Abbotsford
|
+100 or +0.1%
|
|
Victoria
|
–1,900 or -1.1%
|
|
Areas outside CMAs
|
+3,400 or +0.5%
|
How Key Industries Are Performing Goods-Producing Sector
|
Sector
|
Monthly Jobs change
|
|
Construction
|
+12,800 (+6.2%)
|
|
Forestry, fishing, mining, quarrying, oil and gas
|
-3,300 (-6.2%)
|
|
Agriculture
|
-3,000 (-11.9%)
|
|
Goods-producing sector overall
|
+6,000 (+1.3%)
|
|
Goods-producing sector compared to April 2015
|
+21,000 (+4.9%)
|
Services-Producing Sector
|
Sector
|
Monthly Jobs change
|
|
accommodation and food services
|
+4,800 (+2.9%)
|
|
business building and other support services
|
+3,800 (+3.9%)
|
|
wholesale and retail trade
|
+2,500 (+0.7%)
|
|
transportation and warehousing
|
-3,000 (-2.1%)
|
|
finance, insurance, real estate, rental and leasing
|
-2,600 (-2.0%)
|
|
health care and social assistance
|
-2,100 (-0.7%)
|
|
Services-producing sector overall
|
+7,000 (+0.4%)
|
|
Compared to April 2015
|
+89,400 (+5.3%) |
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