Unemployment Rates Holding Steady

Oct 09, 2012

The employment rates held firm from August to September.  Canada as a whole remained relatively flat, as did Western provinces.  BC increased slightly from 6.7% to 7%, Alberta remained unchanged and Saskatchewan increased 0.1%.  The measurements did not demonstrate any major shifts in temporary or permanent employment or part-time to full-time shifts that have been demonstrated throughout the year.  Stability is desired as the third qrt of the year closes and the 4th qrt opens.  The 4th qrt is often viewed as strongest indicator of growth and confidence.  Riddled with consumer confidence and spend metrics, the 4th qrt reflects market confidence, and employment stability is a key contributor.