According to Daniel Wong’s Better Dwelling article, Vancouver’ unemployment rate is back in the single digits. Last October the unemployment rate was 5% while this October the rate is down 1.4% from September and currently sits at 9.7%.
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BCREA Economics Now | Canadian Employment July
This was another good news report. Employment in BC grew by 70,000 jobs (3%, m/m) in July, reaching almost 94% of the February employment level. This followed job gains of 118,100 in June and 43,000 in May.
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