economy
METRO VANCOUVER’S LONG? ROAD TO RECOVERY
1.05
EMPLOYMENT FULLY RECOVERED
1.01
1.00 EMPLOYMENT LEVEL BEFORE DOWNTURN
1.00
0.95
0.90
0.90
EMPLOYMENT REMAINS % BELOW PREDOWNTURN LEVEL
0.85
0.80
0
2
4
6
8
10
12
14
16
18
20
22
24
26 28 30 32 34 36 38 40
MONTHS
THE GREAT RECESSION JAN .
THE GREAT SUPPRESSION FEB .
DATA: MONTHLY TOTAL EMPLOYMENT INDEXED TO THE BEGINNING OF EACH ECONOMIC DOWNTURN WHERE EMPLOYMENT .
SOURCE: LABOUR FORCE SURVEY, STATISTICS CANADA
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