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Canada’s lowest unemployment rate on record with BC performing best

Statistics Canada released a historical point of goods news today (January 5): the country is experiencing its lowest rate of unemployment for as long as comparable records exist.

“The unemployment rate continued on a downward trend, decreasing by 0.2 percentage points to 5.7%, the lowest since comparable data became available in January 1976,” reads a Statistic Canada media release.

For B.C., the percentage is even lower.

“In the 12 months to December, the unemployment rate in British Columbia fell by 1.2 percentage points to 4.6%, the lowest among all provinces,” the release continues.

“In 2017, British Columbia closed out the year with an employment growth rate of 3.4%. The gains in 2017 were almost all in full-time work, and were mainly in health care and social assistance; construction; and finance, insurance, real estate, rental and leasing.”

Things also continue to begin to look better in neighbouring Alberta, where the province’s oil-based economy has been slow to recover since fracking and horizontal-drilling technologies took off across the United States.

“The unemployment rate fell from 8.5% at the end of 2016 to 6.9% at the end of 2017,” the release states.

“Following a slide in employment from the autumn of 2015 to the summer of 2016, the labour market in Alberta added workers in 2017, with a growth rate of 2.4% ,” it continues. “The employment gains were attributable to manufacturing; wholesale and retail trade; natural resources; finance, insurance, real estate, rental and leasing; and transportation and warehousing. The unemployment rate fell from 8.5% at the end of 2016 to 6.9% at the end of 2017.”

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STRIVE Pub Night – Fundraising for the Children’s Wish Foundation

A night of success for the STRIVE team and the Children’s Wish Foundation. Through the attendance of clients, candidates, friends and family as well as an awesome array of silent auction items from all of our sponsors at our annual pub night; the “Super STRIVERs” were able to smash their fundraising goal and raised $11,000 for our wish kid, Khol! Khol will now be able to take his trip of a lifetime – a Star Wars themed Disney Cruise with his family!

Thank you to all of you who participated, donated and bid on our silent auction items. Without you , none of this would have been possible. We greatly appreciate your generosity and support!

Click here to read more about Khol’s story.

To learn more about how you can support the Children’s Wish Foundation, please visit:  Super STRIVERs Children’s Wish Page.

 

 

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