Ontario B.C. Led Canadian Provinces In Employment Gains In 2018

Ontario, B.C. led Canadian provinces in employment gains in 2018

Ontario led Canada’s provinces and territories in net employment gains in 2018 – a year that confronted Canada’s unemployment rate reach the lowest point since 1976.

The number of full time employed people in Ontario grew by 78,000 over the course of 2018, while the province’s unemployment rate dropped from 0.2 percentage points to 5.4 per cent – the second lowest rate among Canada’s provinces.

The Canadian province that reported the lowest unemployment rate in 2018 was British Columbia at 4.4 per cent.

B.C saw a growth in the number of people employed in the province by 44,000 in 2018 with most of them working full-time. Statistics Canada said British Columbia’s employment growth rate of 1.8 per cent was double the national average.

Saskatchewan also outpaced the national average for employment growth in 2018, with 11,000 more people employed in 2018 – a growth rate of 1.9 per cent. The province’s unemployment rate fell by 0.9 percentage points, to 5.6 per cent.

This was on par with Canada’s unemployment rate of 5.6% over the course of 2018, which statistics Canada reports being the lowest rate since comparable data became available in 1976.

Nationally, employment grew by 163,000 in 2018 at a growth rate of 0.9 per cent. Statistic Canada said this increase was entirely driven by gains in full-time work.

As per Statistics Canada, these employment gains were recorded almost entirely in service industries. Health care and social assistance led with employment gains of 74,000 followed by business, building and other support services with 59,000.

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