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"The Facts on Wages and Jobs in B.C." as of October 2010

Topics: - Workforce Trends
Jurisdiction: - British Columbia

The BC government issued another instalment of "The Facts on Wages and Jobs in B.C.". The mini-report, which was issued on October 10, 2010 and is based on Statistics Canada numbers, states that:

  • The average hourly wage for all workers in B.C. in September 2010 was $23.02 - the third-highest rate in Canada, and more than 2.8 times the minimum wage. This represents a 28 per cent increase since 2001.
  • Young people between the ages of 15 and 24 in B.C. earn on average $13.55 per hour - the third-highest youth wage in Canada and nearly 1.7 times the minimum wage.
  • Only 2.3 per cent of workers are collecting minimum wage or less.
  • Since December 2001, British Columbia added 421,200 jobs to the workplace. 77 per cent are full-time positions.
  • B.C. has created 51,800 new jobs so far in 2010.
  • British Columbia's average unemployment rate for 2009 was 7.6 per cent, lower than the national average of 8.3 per cent.
  • In September 2010, B.C.'s unemployment rate was 7.5 per cent, below the national average of eight per cent seasonally adjusted).

The previous instalment was issued in March 2010 and a summary of its content can be found on my site here.