Figures from Stats Canada show the number of job vacancies in British Columbia down in the third quarter of 2019. (Black Press File)

B.C. sees decrease in job vacancies

Construction sector primarily responsible for the first decline since 2016

British Columbia is among several provinces with declining job vacancies, according to Statistics Canada.

Employers in British Columbia reported a decline in job vacancies of 3.9 per cent (about 4,300 posting) in the third quarter of 2019 compared with the same period in 2018.

This was the first year-over-year decline in vacancies since the first quarter of 2016.

This drop was concentrated in the construction sector, with the decrease primarily due to declines in the Lower Mainland–Southwest economic region, which includes Vancouver.

Across the country, B.C. and Alberta were among the provinces with declining job vacancies.

Newfoundland and Labrador, Nova Scotia, Quebec, as well as the Yukon recorded rising job vacancy levels, while the remaining jurisdictions recorded little change.

On a year-over-year basis, the job vacancy rate held steady at 3.3 per cent in the third quarter of 2019, as total payroll employment and job vacancies grew at similar rates.

This was the first quarter without a year-over-year increase in the job vacancy rate since the third quarter of 2016 in further suggesting a cooling-off period in Canadian economy.

RELATED: Greater Victoria sees unemployment rise in November

Earlier this month, new figures showed that provincial unemployment rose to five per cent in November, up 0.3 per cent from October and up 0.6 per cent from 12 months ago.

This said, the figures also show regional variations.

While Greater Victoria’s unemployment rate jumped to 3.5 per cent from 3.2 per cent, this rate is almost half of the rate in the Cariboo, the geographical centre of the provincial forestry and mining industry.


Like us on Facebook and follow @wolfgang_depner

wolfgang.depner@peninsulanewsreview.com

Just Posted

U.K. press wonders if Nanaimo bars lured Prince Harry and Meghan Markle to Canada

‘Prince Harry’s favourite snack revealed,’ trumpets tabloid

Electric vehicle enthusiasts charged up over new mid-Island EV association

Mid Vancouver Island Electric Vehicle Association will promote technology and infrastructure

How to keep the hummingbirds fed during a cold snap

Four cups of water and one cup of white sugar is the perfect solution

Tips to get around years-long waiting lists for Greater Victoria attraction passes

Some passes have more than 2,000 people on the Greater Victoria Public Library waitlist

Remembering Ginger: Cumberland Museum receives national award

Museum given Governor General’s History Award for exhibit honouring martyr of the union movement

‘Like an ATM’: World’s first biometric opioid-dispensing machine launches in B.C.

First-of-its-kind dispensing machine unveiled in the Downtown Eastside with hopes of curbing overdose deaths

B.C. society calls out conservation officer after dropping off bear cub covered in ice

Ice can be seen in video matted into emaciated bear cub’s fur

Horgan cancels event in northern B.C. due to security concerns, says Fraser Lake mayor

The premier will still be visiting the city, but the location and day will not be made public

Prince Harry, Meghan to give up ‘royal highness’ titles

‘Harry, Meghan and Archie will always be much loved members of my family,’ says Queen Elizabeth II

BC Ferries hybrid ships set to arrive in Victoria today

The battery-operated vessels will take over smaller routes

Know how to spot counterfeit bills

Campbell River RCMP concerned obvious phony bills are fooling people

Young Island skiers earn podium finishes at first Teck BC Cup of 2020

Saanich student-athlete earns two bronze medals in U18 girls category

PHOTOS: Eastern Newfoundland reeling, search underway for missing man after blizzard

More than 70 centimetres of new snow fell overnight, creating whiteout conditions

Most Read