July job numbers decline as part of national trend

Employment numbers in British Columbia dipped in July after slight gains in June, as full-time positions replaced losses of part-time positions.

In B.C., 14,500 jobs were lost, reflecting a national trend, as 30,400 jobs were lost across Canada. However, full-time positions in B.C. increased by 9,600 from June 2012, and the decrease in total employment was entirely due to the loss of part-time employment.

Since February of last year, 46,800 net new jobs have been added – B.C. gained over 78,800 full-time positions, offset by a loss of 32,000 part-time positions. And since September 2011, B.C. has seen
strong gains in full-time positions with 36,500 created, replacing the loss of 27,800 part-time positions.

B.C.’s 7.0 per cent unemployment rate remains below the national average (7.3 per cent) and, with 33,400 job gains since July 2011, B.C. ranks third nationally, after Ontario (+47,200) and Alberta (+45,700).

Overall, B.C.’s labour force now stands at 2,307,700. Compared with one year ago, B.C.’s labour force has increased by 33,400 people.

Regionally, Lower Mainland-Southwest gained 8,000 positions, Thompson-Okanagan gained 5,900 positions and the Kootenays gained 800 positions.