You may have already heard the BC NDP government crowing about the latest employment stats – if not I’m sure you soon will. After all, the following sounds great, doesn’t it? The unemployment rate in British Columbia was 4.1% in October, down 0.1 percentage points from September and down 0.8 percentage points from 12 months ago. The labour force (‑4,100) and the number of employed (‑1,100) also declined from the previous month. Compared to 12 months ago, both employment (+48,400) and the labour force (+30,900) have increased . Well as Mark Twain said … Facts are stubborn, but statistics are pliable . Heck, I have to admit I’ve even used the actuals of stats, to make something sound far worse than it was. That said, the above quote from BC’s Labour Force Statistic DOES NOT tell the whole story – and it’s the whole story that counts. As Paul Harvey used to say, “ And now …… the rest of the story ” there were 12,100 part-t...
A discussion on political, economic and social issues in British Columbia, and Canada