article

BC job market (2016)

[WHAT]

  1. ] by iglika-ivanova @policynote.ca -  ivanova summarizes some of the findings about the BC job market

[WHY]

[WHERE]

  1. ] READ THE FULL ARTICLE
    1. http://www.policynote.ca/bcs-job-market-is-weaker-than-the-government-would-like-you-to-believe/

[WHEN]

  1. ] 2016-02-18

[EXAMPLE]

  1. ] Christy Clark - "British Columbia’s economy leads Canada. … In 2015, we led Canada by creating more than 50,000 new jobs."
  2. recent polling which found that nearly half of British Columbians see the economic conditions in BC as “poor” or “very poor”. 
  3. ] Two in five said they were planning to reduce the family spending on entertainment and meals in 2016.
  4. Statistics Canada, this shows that the BC economy created 27,800 new jobs in 2015 (2,306,200 jobs in 2015 minus 2,278,400 jobs 2014).
  5. ] All in, BC’s employment growth in 2015 wasn’t particularly strong – 27,800 new jobs represent only a 1.2% increase in employment. That’s enough to keep up with population growth, but it’s hardly something to brag about.
  6. ] In 2015, BC saw the second-lowest increase in private sector paid positions since the end of the 2008/09 recession. BC’s private sector created only 5,600 paid positions in 2015, compared to 4,700 new paid positions in the public sector and 17,600 self-employment “jobs”.
  7. ] While BC had the highest vacancy rate of all provinces in the third quarter of 2015, BC’s job vacancies offered one of the lowest average wages in the country, $17.65/hour. Only job postings in PEI, NB and NS offered lower wages.
  8. ] 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. These ten occupations accounted for 43% of BC job vacancies in the third quarter of 2015.
  9. ] we can’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.
  10. ] Only 71.3% of working age British Columbians had a job in 2015. 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’s more jobs that have been created in the last four years. combined.

[HOW-TO]

  1. ]

[REFERENCE]

  1. ] SRC = /r/vancouver, comments 
  2. x] # 5093 - job-market-quality-in-decline -  ] by TAVIA GRANT, BILL CURRY AND DAVID KENNEDY @theglobeandmail.com - ] 2015-03-05 report on CIBC study indicating detoriaiting quality of jobs in Canada
  3. ] +++
  4. ] REL = cibc report
  5.  

 

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ID: 4966

NAME: ECONOMY-BC-job-market-quality

DESCRIPTION: ] by iglika-ivanova @policynote.ca - ivanova summarizes some of the findings about the BC job market quality

AUTHOR: article.author/s

EDITOR: article.editor/s

PUBLISHER: article.publisher/s

STATUS: Write

PRIORITY: -5

OWNER ID: 75

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