(public).sospep.subjects ~ view article ~ ECONOMY-BC-job-market-quality

<h1 style="text-align: center;">BC job market (2016)</h1>
<h2>[WHAT]</h2>
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<li>] by <a href="http://www.policynote.ca/author/iglika-ivanova/" target="_blank">iglika-ivanova</a> @policynote.ca -&nbsp;&nbsp;ivanova summarizes some of the findings about the BC job market</li>
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<h2>[WHY]</h2>
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<li>]&nbsp;</li>
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<h2>[WHERE]</h2>
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<li><strong>] READ THE FULL ARTICLE</strong></li>
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<li>]&nbsp;<a href="http://www.policynote.ca/bcs-job-market-is-weaker-than-the-government-would-like-you-to-believe/" target="_blank">http://www.policynote.ca/bcs-job-market-is-weaker-than-the-government-would-like-you-to-believe/</a></li>
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<h2>[WHEN]</h2>
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<li>] 2016-02-18</li>
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<h2>[EXAMPLE]</h2>
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<li><span style="background-color: #ffff99;">] Christy Clark - "British Columbia&rsquo;s economy leads Canada.&nbsp;&hellip;&nbsp;In 2015, we led Canada by <strong>creating more than 50,000 new jobs."</strong></span></li>
<li>]&nbsp;<a href="http://www.vancouversun.com/business/pessimism+growing+over+economy+poll/11666145/story.html?__lsa=b515-ee6b" target="_blank">recent polling</a>&nbsp;which found that nearly half of British Columbians see&nbsp;the economic conditions in BC as &ldquo;poor&rdquo; or &ldquo;very poor&rdquo;.&nbsp;</li>
<li>] Two in five said they were planning to reduce the family spending on entertainment and meals in 2016.</li>
<li><span style="background-color: #ffff99;">]&nbsp;<a href="http://www5.statcan.gc.ca/cansim/a26?lang=eng&amp;retrLang=eng&amp;id=2820002&amp;pattern=lfs&amp;tabMode=dataTable&amp;srchLan=-1&amp;p1=1&amp;p2=-1" target="_blank"><span style="background-color: #ffff99;">Statistics Canada</span></a>, this shows that the BC economy created <strong>27,800 new jobs</strong> in 2015</span> (2,306,200 jobs in 2015 minus&nbsp;2,278,400 jobs 2014).</li>
<li>]&nbsp;All in, BC&rsquo;s employment growth in 2015 wasn&rsquo;t particularly strong &ndash; 27,800 new jobs represent only <span style="background-color: #ffff99;">a 1.2% increase in employment.</span> That&rsquo;s enough to keep up with population growth, but it&rsquo;s hardly something to brag about.</li>
<li>]&nbsp;In 2015, BC saw the second-lowest increase in private sector paid positions since the end of the 2008/09 recession. BC&rsquo;s private sector created only 5,600 paid positions in 2015, compared to 4,700 new paid positions in the public sector and <span style="background-color: #ffff99;">17,600 self-employment &ldquo;jobs&rdquo;.</span></li>
<li>]&nbsp;While BC had the&nbsp;<a href="http://www.statcan.gc.ca/daily-quotidien/160211/t001a-eng.htm">highest vacancy rate</a>&nbsp;of all provinces in the third quarter of 2015, BC&rsquo;s job vacancies offered&nbsp;one of the&nbsp;<a href="http://www.statcan.gc.ca/daily-quotidien/160211/t003a-eng.htm">lowest average wages</a>&nbsp;in the country, $17.65/hour. Only&nbsp;job postings in PEI, NB and NS offered lower wages.</li>
<li><span style="background-color: #ffff00;">]&nbsp;Among the ten occupations with the most job vacancies in BC, five paid less than $12/hour and only two paid more than $15/hour.</span> These ten occupations accounted for 43% of BC job vacancies in the third quarter of 2015.</li>
<li>] we can&rsquo;t forget this employment growth comes on the heels of two years of particularly weak job creation, when the BC economy only added a total of 16,000 jobs.</li>
<li>] <span style="background-color: #ffff99;">Only 71.3% of working age British Columbians had a job in 2015.</span> Despite the recent pick-up, BC needs more than 79,000 new jobs to return to the pre-recession employment rate for working age British Columbians. That&rsquo;s more jobs that have been created in the last four years. combined.</li>
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<h2>[HOW-TO]</h2>
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<li>]</li>
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<h2>[REFERENCE]</h2>
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<li>] SRC = /r/vancouver, <a href="https://www.reddit.com/r/vancouver/comments/4688d9/bcs_job_market_is_weaker_than_the_government/" target="_blank">comments</a>&nbsp;</li>
<li><span style="background-color: #ffff00;">x] # 5093 -&nbsp;<span><a href="/view/article?id=5093" target="_blank">job-market-quality-in-decline</a><span style="background-color: #ffffff;">&nbsp;-&nbsp;&nbsp;] by TAVIA GRANT, BILL CURRY AND DAVID KENNEDY @theglobeandmail.com - ] 2015-03-05 report on CIBC study indicating detoriaiting quality of jobs in Canada</span></span></span></li>
<li><strong>] +++</strong></li>
<li>] REL = cibc report</li>
<li>&nbsp;</li>
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<h1 style="text-align: center;">&nbsp;</h1>

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