the rennie landscape - Q4 2019

economy

The modest rise in Metro Vancouver’s unemployment rate in the past quarter is not yet a cause for alarm as it remains (just) below 5%.

VANCOUVER'S JOBLESS RATE: ABSOLUTELY UP, BUT RELATIVELY LOW

12.0%

10.0%

8.0%

5.7% 5.7% 4.9% 6.9% 7.7%

6.0%

4.0%

2.0%

0.0%

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4      

EDMONTON CALGARY

TORONTO

VANCOUVER

CANADA

SOURCE: LABOUR FORCE SURVEY, STATISTICS CANADA DATA: 3-MONTH MOVING AVERAGE, SEASONALLY-ADJUSTED UNEMPLOYMENT RATE

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