BC employment counts fell in November, pointing to weaker late-year economic conditions as strike action from postal workers reduced the headline count.
According to the latest Survey of Employers, Payroll and Hours, total payroll counts in the province fell sharply by 15,010 positions (0.6 per cent) adding to modest declines seen in the prior two months. Both goods-producing industries and services-producing industries reported a 0.5-per cent-reduction (down by 1,924 positions and 9,932 positions, respectively).
The job vacancy rate rose to 3.6 per cent in November, with total vacancies jumping to 91,065 positions, reversing the decrease registered in October. The job vacancy rate has remained low since the second half of 2023, highlighting a moderation in hiring by businesses ...
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