Employment & labour

BC unemployment rate surges to 6.7% (updated)

Mar 13, 2009
The hurt is on. After jumping to 6.1% in January, the ranks of BC’s unemployed swelled by 14,200 in February, pushing the unemployment rate to 6.7%, its highest level in five years. Given that February is the shortest month of the year, one can only imagine how bad things would have gotten had it been… View Article

Following the money in BC communities

Mar 12, 2009
It is one of those publications that few media outlets will report on, and even fewer British Columbians will read, but BC Stats just released the latest version of its Local Area Economic Dependencies, updated based on 2006 census data. This publication basically asks where the income in various BC communities comes from. In many… View Article

IWD commitments on my wish list

Mar 5, 2009
With International Women’s Day on the horizon this weekend, I’m looking for some commitments. Women are over-represented in low-wage work. So which party in the upcoming election will commit to an investment in BC’s social capital through a living wage policy for the public sector, including public contractors? Stimulating the local economy and adding to… View Article

“The (not so) slow de-industrialization of the province”

Feb 26, 2009
Yesterday, Catalyst Paper announced the closure of the Crofton kraft pulp mill, a week after shutting the doors at its 350-employee mill in Campbell River and “restructuring” (laying off 127 workers) at its Powell River facility. That’s 850 job losses in basically one shot. It is not the first shot, either, and it definitely won’t… View Article

This is gonna hurt

Feb 4, 2009
Housing has been one of the major drivers of the BC economy in recent years. Low interest rates led to rising home prices and a psychology of “must get in before being locked out forever”; leading a housing bubble that had everyone in town swapping jaw dropping stories of bidding wars and outrageous prices paid…. View Article