There was little momentum for the B.C. labour market going into May after a popping jobs report a month prior.
This delivered a blow to the employment rate, which jumped 0.6 percentage points to 5.6 per cent cent. B.C. saw the biggest losses in the information, culture and recreation category . This category is associated with the film and TV sector, which is still reeling from the Hollywood strikes that paralyzed much of B.C.’s industry during job action last year."This mixed bag doesn't really move the needle on the Bank of Canada Rate-o-Meter," BMO chief economist Douglas Porter said in a note, referring to the national data.
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