Cory O'Brien

Cell (604) 868-5860 | info@coryo.ca

  Mortgage Calculator

Calculate Your Payments

  Buyer Resources

Best Real Estate Advice

  Seller Resources

Selling For Top Dollar

  Mobile Listings

Search Anywhere Always

  Here To Help You

You Can Contact Me Always

BCREA ECONOMICS NOW


Canadian employment rose by 58,000 jobs in April following a blockbuster March in which employment increased by 82,000. Despite large job gains in the past two months, the national unemployment rate edged up 0.1 points to 7.3 per cent as more Canadian were looking for work.

 

Employment in British Columbia expanded by 19,700 in April, including 16,700 full-time positions. The BC unemployment rate fell by a surprising 0.8 points to 6.2 per cent. BC employment growth is up 2.1 percent through the first four months of 2012, a marked improvement on the weak job growth of 2011.

 

The Canadian economy has added 150,000 jobs over the past two Months, a rate of job growth that may firm up the Bank of Canada some decision to raise interest rates this Fall. That said, we anticipate a gradual increase in rates with the Bank of Canada testing the water with one or two 25 basis points rate hikes over the fall and winter.

Read full post
Categories:   Brentwood Park, Burnaby North Real Estate | Burnaby Real Estate | Cedar Hills, North Surrey Real Estate | Central Coquitlam, Coquitlam Real Estate | Central Meadows, Pitt Meadows Real Estate | Central Pt Coquitlam, Port Coquitlam Real Estate | Citadel PQ, Port Coquitlam Real Estate | College Park PM, Port Moody Real Estate | Coquitlam Real Estate | Coquitlam Traffic | Coquitlam West, Coquitlam Real Estate | Durieu, Mission Real Estate | Eagle Ridge CQ, Coquitlam Real Estate | East Central, Maple Ridge Real Estate | Econnomics | GL Glenayre, PM Port Moody Real Estate | Glenayre, Port Moody Real Estate | Glenwood PQ, Port Coquitlam Real Estate | Grandview Surrey, South Surrey White Rock Real Estate | Grandview VE, Vancouver East Real Estate | Guildford, North Surrey Real Estate | Hatzic, Mission Real Estate | Heritage Mountain, Port Moody Real Estate | Home Seller's Tips | Lincoln Park PQ, Port Coquitlam Real Estate | Lower Mary Hill, Port Coquitlam Real Estate | M | Maple Ridge Real Estate | Mary Hill, Port Coquitlam Real Estate | Meadow Brook, Coquitlam Real Estate | Mortgage News | New Horizons, Coquitlam Real Estate | NH New Horizons, CQ Coquitlam Real Estate | North Coquitlam, Coquitlam Real Estate | North Shore Pt Moody, Port Moody Real Estate | Northwest Maple Ridge, Maple Ridge Real Estate | Oxford Heights, Port Coquitlam Real Estate | Port Coquitlam Real Estate | Port Moody Centre, Port Moody Real Estate | Port Moody Real Estate | Quay, New Westminster Real Estate | Real E | Real Estate News | Sapperton, New Westminster Real Estate | Scott Creek, Coquitlam Real Estate | Silver Valley, Maple Ridge Real Estate | Southwest Maple Ridge, Maple Ridge Real Estate | Surrey Real Estate | The Crest, Burnaby East Real Estate | The Heights NW, New Westminster Real Estate | Uptown NW, New Westminster Real Estate | Websters Corners, Maple Ridge Real Estate | West Central, Maple Ridge Real Estate | Westwood Plateau, Coquitlam Real Estate | Willoughby Heights, Langley Real Estate | Woodland Acres PQ, Port Coquitlam Real Estate