B.C. is leading the country with the lowest jobless rate, even dropping that rate slightly from March. Canada also showed a massive employment gain in April.
But, when you look at the world of politics, you’d think things like carbon taxes were killing the economy.
But that’s how politics words. Just keep saying something as if it’s the truth, even if the numbers indicate otherwise.
For instance, the BC Liberals repeatedly say the BC NDP is mismanaging the economy. I’m not a defending on the ruling B.C. government – I’m an independent observer who sees numbers that paint a different story.
The latest numbers show B.C.’s jobless rate was 4.6 in April, down from 4.7 in March.
The well below Canada's national unemployment rate of 5.7 per cent in April.
Here are the jobless rates last month by province (numbers from the previous month in brackets):
— Newfoundland and Labrador 11.7 per cent (11.5)
— Prince Edward Island 8.6 (8.9)— Nova Scotia 6.9 (6.2)
— New Brunswick 8.0 (7.9)
— Quebec 4.9 (5.2)
— Ontario 6.0 (5.9)
— Manitoba 5.2 (5.0)
— Saskatchewan 5.4 (4.9)
— Alberta 6.7 (6.9)
And federally, Canada's labour market also delivered a surprise in April with its biggest one-month employment gain since the government started collecting comparable data in 1976.
The country added 106,500 net jobs in April, the bulk of which were full time, Statistics Canada said in its latest labour force survey.
The rush of new jobs far surpassed market forecasts and helped drop the unemployment rate to 5.7 per cent, down from 5.8 per cent in March.
The labour market has seen strong numbers since mid-2016.
"Wow. This was by and large a solid report. Nearly every indicator of quality came in strong this month," TD senior economist Brian DePratto wrote in a research note. "Chalk this one up as a solid message that employers still have faith in the Canadian economy."
- With files from the Canadian Press
