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Unemployment rate drops for Nelson, Kootenay region
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B C lost 3,100 jobs in July despite more businesses reopening as restrictions relax
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Mackenzie adds the local economic fundamentals remain strong.
Manufacturers are busy, he said, there’s record new housing starts and continued population growth. More people returned to the labour force in June and the employment participation rate (60.7 per cent) is at its highest level since Feb. 2020.
“The labour force grew by 600 people, which is excellent,” Mackenzie said. “More people are looking for work because they’re more confident of finding a job.”
Mackenzie said the top business issue he’ll be most closely watching in the coming weeks is the border re-opening. The next update from the federal government on the issue will come by July 21.
B C adds 42,000 jobs to economy in June
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Job prospects brightened in Sudbury during April, Statistics Canada says.
There were 300 more full-time jobs in April 2021 compared to a month earlier, StatsCan report Friday. A gain of 400 part-time positions led to an increase of 700 total jobs in April.
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The number of full-time jobs in April was up from the previous month in natural resources, construction, manufacturing, transportation and warehousing, professional and scientific services, education, healthcare, and accommodation and food services.
Full-time job losses in April occurred in agriculture, utilities, trade services, the financial sector, business and building services, information and cultural services, and public administration.