the rennie landscape Fall 2024 | Vancouver

economy

LABOUR’S LEFTWARD LURCH

6.6%

9.2%

4.8%

UNEMPLOYMENT RATE

58.8%

62.5%

60.8%

EMPLOYMENT RATE

ANNUAL UNEMPLOYMENT CHANGE

9.2%

-0.6%

2.8%

ANNUAL EMPLOYMENT CHANGE

0.8%

3.5%

3.5%

64.8% 65.1%

67.3%

PARTICIPATION RATE

1,003,395

341,220

554,005

JOB VACANCIES

473,980

767,730

258,680

EI CLAIMANTS

AVERAGE WEEKLY EARNINGS GROWTH

-0.3%

8.4%

4.0%

Worse Outcome

Better Outcome

BENCHMARK RANGE

CURRENT

(excludes pandemic outliers)

DATA: SELECT LABOUR MARKET INDICATORS, 2010-2024, CANADA SOURCE: LABOUR FORCE SURVEY & TABLES 14-10-0406-01, 14-10-0011-01, 14-10-0203-01, STATISTICS CANADA

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