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Tuesday, December 6, 2016
The unemployment rate in British Columbia was 6.1% in November, down from 6.2% in October. Even though employment dropped since the previous month (-9,300), the labour force as a whole decreased in size by a greater amount (-11,600). The unemployment rate was lower compared to November 2015, when it was 6.2%. Job growth (+48,400) was virtually identical to growth in the labour force (+48,300) over the course of the past twelve months.
Compared to October, both full-time (-5,600) and part-time (-3,700) jobs decreased. For workers aged 15 to 24 years, full-time jobs ...
Thursday, December 1, 2016
Canadian real GDP by industry at basic prices (seasonally adjusted) advanced 0.3% in September following three consecutive monthly increases in June (+0.6%), July (+0.5%) and August (+0.2%).
The continued economic growth was largely due to ongoing gains in the goods-producing industries, which expanded 1.1% in September, led by a 2.7% increase in mining, quarrying and oil & gas extraction. Oil & gas extraction continued to recover (+3.8%) while support activities for mining and oil & gas extraction were up 5.0%. However, mining & quarrying contracted 2.0%.
Aside from the resource sector, construction rose 0.7%, ...
gross domestic product
Wednesday, November 30, 2016
The number of bankruptcies registered by B.C. businesses (-47.8%) and consumers (-24.3%) dropped in September of 2016 from the same period a year prior.
The number of Canadian bankruptcies filed by businesses was down (-17.6%) over the same period, with just under half being in the construction, retail trade and accommodation and food services sectors. Meanwhile, nation-wide consumer bankruptcies were also slightly lower (-0.9%).
Data Source: Industry Canada
Canadian manufacturers’ prices were higher (+0.7%) this October than in the same month of 2015. A 5.0% year-over-year upturn in the price of energy and petroleum products was the largest contributor to the overall increase, and price boosts for chemicals (+1.0%) and motorized and recreational vehicles (+0.7%) also exerted upward pressure.
The Raw Materials Price Index (RMPI) climbed 3.3% in October, pushed up primarily by a 9.6% jump in the price of crude energy products. Year-over-year declines in prices for animal products (-3.4%) and metal ores, concentrates and scrap (-0.6%) moderated the overall increase. Excluding ...
industrial product price index
raw materials price index
Sales at British Columbia’s food services and drinking places rose 2.5% (seasonally adjusted) to $910 million in September.
Nationally, industry sales were up 1.6% (to $5.5 billion) with only Alberta (-1.4%), Newfoundland and Labrador (-1.4%) and New Brunswick (-0.7%) recording lower revenues.
Data Source: Statistics Canada
Wednesday, November 23, 2016
There were 95 victims of homicide in British Columbia in 2015, up from 89 in 2014. Nineteen of them were victims of gang-related homicide. The overall homicide rate (per 100,000 of the population) rose to 2.0, slightly above the national average (1.7).
Nationally, there were 604 homicide victims in 2015, notably more than the number recorded in 2014 (521). Among the provinces, Saskatchewan had the highest homicide rate (3.8), followed by Manitoba (3.6), and Alberta (3.2). Conversely, Newfoundland and Labrador (0.6), Prince Edward Island (0.7) and Quebec (0.9) recorded the lowest rates in the country.
The most common methods ...
Total enrolment in public postsecondary institutions in British Columbia decreased 1.7% in the 2014/2015 academic year. Enrolments declined at the same pace for male and female students (each down 1.7%), though female enrolment remains consistently higher overall. While full-time enrolment saw a moderate boost (+6.8%), part-time (-11.0%) enrolment was down notably. B.C. universities saw an enrolment decrease of 1.2% in 2014/15, while colleges saw enrolment slip 2.7%.
Despite the decline in enrolment, the number of graduates of B.C. public postsecondary institutions swelled 1.7% in the 2014/2015 academic year. The rise in the number of male graduates (+3.7%) outpaced ...
Tuesday, November 22, 2016
In the 2014/15 school year, enrolment in British Columbia public elementary and secondary schools was 543,105 (excluding general programs for adults and vocational programs for youth and adults), down 0.7% from 2013/14 (based on headcount number of students enrolled in programs at the beginning of the school year). Public school enrolment in the province has been declining steadily over the last decade.
Nationally, the number of students enrolled at public schools has remained relatively stable in recent years, and stood at over 4.7 million in the 2014/15 school year, up slightly from 2013/14 (+0.3%). Four jurisdictions saw enrolment increases, ...
The number of people receiving regular Employment Insurance benefits in B.C. inched up 0.9% (seasonally adjusted) to 54,410 in September, the third increase in beneficiaries this year. Since September 2015, the number of people collecting regular benefits in B.C. has also increased 0.9%, while nationally, the number was up a more substantial 5.1%.
Retail sales in British Columbia climbed 0.9% (seasonally adjusted) in September, following a lacklustre August (+0.0%). Nationally, retail sales saw the first real sign of growth in recent months, having remained relatively stagnant since May, rising 0.6% in September. Gains were widespread with all but two provinces recording increased retail activity. The largest boosts were registered in P.E.I. (+3.9%) and New Brunswick (+1.7%).