In 2018 Canada (Ontario and BC provinces) had an unemployment rate of 5.6 percent which was a record low since 1976.
Ontario was the leading province in Canada in net employment gain. The persons having an employment in Ontario had a growth of 78,000 in 2018. These were in the category of full-time employment. The decline in the unemployment rate in the province was 0.2 percentage standing at 5.4 percent. Moreover, the province having the lowest unemployment rate during the last year was British Columbia (4.4 percent). In it the persons having an employment were 44,000 in 2018, and most of them were working full-time.
Statistics Canada has revealed that the employment growth rate of B.C. was an impressive 1.8 percent which was double of the national average. Saskatchewan exceeded the national average in employment gains during 2018, and had 11,000 people on employment rolls in 2018. This actually was a growth rate of 1.9 percent. The unemployment rate also declined by 0.9 %, and was standing at 5.6 percent. This is equal to the unemployment rate of 5.6 per cent in Canada in 2018.
Full-time work growth
Furthermore at the National level the employment growth was an impressive 163,000 in 2018. This is at a rate of 0.9 percent. Statistics also reveal that the reason behind this increase was gaining of full-time work. These happened entirely in the service industries. The employment gains in Health care and social assistance were 74,000. The contribution of the building, business, and support services was 59,000.We present such insights and reviews before our patrons so that they can have the latest information on important matters. Please contact us.