BC/Yukon Region - Labour Force Survey - July 2007

July Employment Shows More Changes Between Full-Time Work and Part-Time

In June there was little change in overall employment in British Columbia, but there were some 32,000 fewer full-time jobs and 29,000 more part-time jobs. In July this pattern was reversed, with 25,000 more full-time jobs and 28,000 fewer part-time jobs yielding practically the same total employment. As was observed last month, it is quite likely that these almost equal and offsetting changes were the result of certain workers having their hours of work changed, rather than changing jobs, since many changes were in the same industries.

BC reflected some of the national changes in employment by industry sector. There was a gain of almost 5,000 in professional, scientific and technical services, and a small increase in transportation, and a major drop of 11,000 in education. However, there was no decline here in financial services, and no gains in manufacturing, a sector that has fared relatively well in BC in recent years, but which slipped 4,000 jobs in the last month.

Construction, which has been the principal driver of the province's employment increases since 2003 recorded a seasonally adjusted loss of 11,000 jobs in July, and an unadjusted decline of 5,000. While no one should consider a single month a decisive indicator, the fact is that this booming sector is now just 2% above it's level of a year ago, perhaps signalling that its ability to drive employment upward has largely been felt already.

The small decline in the unemployment rate, from 4.4% in June to 4.1% in July, despite a small drop in total employment was the result of a 0.4% drop in the participation rate. Every region of BC except the North Coast Nechako has an unemployment rate under 5%, and even that region is under 8%, the usual rate for the entire province just a few years ago.

Major Industrial Employment Changes

Employment [across Canada] in the goods-producing sector was up in July, mainly in manufacturing (+20,000) and utilities (+6,000). In the service sector, more workers were added in professional, scientific and technical services (+25,000) and transportation and warehousing (+17,000). Total gains, however, were offset by service sector declines in educational services (-57,000) and finance, insurance, real estate and leasing (-13,000).

Source: Statistics Canada Daily, July 6, 2007

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Employment Rates and Employment Gains by Age and Sex

Over the past twelve months BC has gained 62,000 jobs, an increase of 2.8%. Gains have not been experienced by every age/sex group, however. Women under 25 have actually experienced a reduction in employment of 4,000 jobs, or about 2.4% of their employment level. Both men and women aged 25 years and older have seen their employment increase, by 17,000 among adult women and by 29,000 among adult men. The largest gains, at least in percentage terms, were for young men under 25 whose employment rose by almost 12% from last July, a total of 20,000 more jobs.

Year to Year Employment Gains by Age & Sex July 2007
Employment Rates by Age & Sex July 2007

Employment rates for all persons over 15 in BC have been at record levels, over 63%, since March of this year. Rates are still higher for men than for women, but over time, employment rates are tending towards the middle, with adult female rates rising, those for adult men stabilizing after a drop in the early 1980s, and rates for youth tending to fluctuate with the business cycle, but even now less than their historic peaks. Rates for both young men and adult men both peaked in January of 1981, at 72.9% and 77.1% respectively. Today, both are eight points below those historic highs. For young women a peak was reached much later, in August of 1990, and today their rate is seven points lower. Only among adult women do we find that pattern observed for the aggregate employment rates, where July's figure of 57.3% in just a percentage point below the all time high of 58.5% reached in March of this year.

Employment Rates Since 1976

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Summary of Labour Force Survey Results

Legend:
MC(#) = Absolute Monthly Change
MC(%) = Percentage Monthly Change
YC(#) = Absolute Yearly Change
YC(%) = Percentage Yearly Change
"- -" = indicates number suppressed due to high sample variance

Summary Data - BC - 1 Month (Seasonally Adj.)
  July 2007 June 2007 July 2006 MC (#) MC (%) YC (#) YC (%)
Population 15+ (000) 3,572.6 3,566.8 3,513.7 5.8 0.2 58.9 1.7
Labour Force (000) 2,355.3 2,365.0 2,305.6 -9.7 -0.4 49.7 2.2
Employed (000) 2,257.6 2,260.1 2,195.6 -2.5 -0.1 62.0 2.8
   Emp-Full-Time (000) 1,807.4 1,782.0 1,747.7 25.4 1.4 59.7 3.4
   Emp-Part-Time (000) 450.2 478.1 447.9 -27.9 -5.8 2.3 0.5
Unemployed (000) 97.7 104.9 110.0 -7.2 -6.9 -12.3 -11.2
Unemployment Rate (%) 4.1 4.4 4.8 -0.3   -0.7  
Participation Rate (%) 65.9 66.3 65.6 -0.4   0.3  
Employment Rate (%) 63.2 63.4 62.5 -0.2   0.7  


Employment by Industry - BC - 1 Month (Seasonally Adj.)
  July 2007 June 2007 July 2006 MC (#) MC (%) YC (#) YC (%)
Total Industry (000) 2,257.6 2,260.1 2,195.6 -2.5 -0.1 62.0 2.8
 
Goods-Producing 486.8 498.7 464.2 -11.9 -2.4 22.6 4.9
Agriculture 35.6 34.7 34.2 0.9 2.6 1.4 4.1
Forestry, Fishing, Mining,
Oil & Gas
45.9 46.0 41.9 -0.1 -0.2 4.0 9.5
Utilities 11.8 9.3 9.2 2.5 26.9 2.6 28.3
Construction 187.7 198.7 183.7 -11.0 -5.5 4.0 2.2
Manufacturing 205.8 209.9 195.1 -4.1 -2.0 10.7 5.5
Service-Producing 1,770.8 1,761.4 1,731.4 9.4 0.5 39.4 2.3
Trade 376.1 365.3 345.0 10.8 3.0 31.1 9.0
Transport & Warehousing 126.2 124.3 114.5 1.9 1.5 11.7 10.2
Fin, Ins, Real Estate, Leasing 150.0 148.0 141.7 2.0 1.4 8.3 5.9
Prof, Sci, Tech Services 175.9 171.3 162.3 4.6 2.7 13.6 8.4
Mngmt, Admin, Other Support 93.5 90.4 98.9 3.1 3.4 -5.4 -5.5
Education Services 141.9 152.3 160.5 -10.4 -6.8 -18.6 -11.6
Health/Social Ass't 239.1 242.0 245.4 -2.9 -1.2 -6.3 -2.6
Info, Culture & Rec 112.0 112.0 112.0 0.0 0.0 0.0 0.0
Accom & food serv 169.5 174.1 166.3 -4.6 -2.6 3.2 1.9
Other Services 89.4 86.2 90.6 3.2 3.7 -1.2 -1.3
Public Admin 97.1 95.7 94.2 1.4 1.5 2.9 3.1


Employment by Sector - BC - 1 Month (Seasonally Adj.)
  July 2007 June 2007 July 2006 MC (#) MC (%) YC (#) YC (%)
Total 2,257.6 2,260.1 2,195.6 -2.5 -0.1 62.0 2.8
Employee (000) 1,829.0 1,828.3 1,792.8 0.7 0.0 36.2 2.0
   Public 389.6 391.2 397.2 -1.6 -0.4 -7.6 -1.9
   Private 1,439.4 1,437.1 1,395.5 2.3 0.2 43.9 3.1
Self-Employed (000) 428.6 431.9 402.8 -3.3 -0.8 25.8 6.4


Unemployment Rates by Age & Sex - BC - 1 Month (Seasonally Adj.)
  July 2007 June 2007 July 2006 MC (#) YC (#)
Both - 15+ Yrs 4.1 4.4 4.8 -0.3 -0.7
Both - 15-24 Yrs 6.8 8.0 8.6 -1.2 -1.8
Both - 25+ Yrs 3.6 3.7 4.0 -0.1 -0.4
Men - 15+ Yrs 4.3 4.5 4.8 -0.2 -0.5
Men - 15-24 Yrs 7.1 8.2 10.2 -1.1 -3.1
Men - 25+ Yrs 3.7 3.7 3.8 0.0 -0.1
Women - 15+ Yrs 4.0 4.4 4.7 -0.4 -0.7
Women - 15-24 Yrs 6.5 7.8 7.0 -1.3 -0.5
Women - 25+ Yrs 3.5 3.7 4.3 -0.2 -0.8


Unemployment Rates - Provinces - 1 Month (Seasonally Adj.)
  July 2007 June 2007 July 2006 MC (#) YC (#)
Canada 6.0 6.1 6.4 -0.1 -0.4
Newfoundland and Labrador 13.6 13.1 14.4 0.5 -0.8
Prince Edward Island 10.5 10.5 11.3 0.0 -0.8
Nova Scotia 8.8 8.1 8.2 0.7 0.6
New Brunswick 7.2 6.8 8.9 0.4 -1.7
Quebec 6.9 6.9 8.1 0.0 -1.2
Ontario 6.6 6.5 6.5 0.1 0.1
Manitoba 4.2 4.6 4.7 -0.4 -0.5
Saskatchewan 4.8 4.4 4.6 0.4 0.2
Alberta 3.3 3.8 3.6 -0.5 -0.3
British Columbia 4.1 4.4 4.8 -0.3 -0.7
   Abbotsford 4.1 4.4 5.2 -0.3 -1.1
   Vancouver 4.0 4.4 4.1 -0.4 -0.1
   Victoria 3.4 3.2 3.8 0.2 -0.4


Unemployment Rates - BC Economic Regions - 3 Month Avg. (unadj.)
  July 2007 June 2007 July 2006 MC (#) YC (#)
Canada 6.0 6.0 6.1 0.0 -0.1
British Columbia 4.3 4.4 4.6 -0.1 -0.3
910 Vancouver Island 3.9 3.9 4.4 0.0 -0.5
920 Lower Mainland - SW 4.2 4.4 4.4 -0.2 -0.2
930 Thompson Okanagan 4.6 4.3 5.0 0.3 -0.4
940 Kootenay 4.7 4.6 6.1 0.1 -1.4
950 Cariboo 4.8 4.6 6.8 0.2 -2.0
960/970 N. Coast/Nechako 7.7 7.6 4.7 0.1 3.0
980 Northeast - - - - - - - - - -
Vancouver CMA 4.3 4.4 4.4 -0.1 -0.1
Victoria CMA 3.4 3.1 3.6 0.3 -0.2
Abbotsford (Matsqui) 4.1 4.3 4.8 -0.2 -0.7

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