Close X
Wednesday, December 4, 2024
ADVT 
National

Huge job losses in B.C. indicate a 'hard road ahead': finance minister

Darpan News Desk The Canadian Press, 08 May, 2020 05:46 PM
  • Huge job losses in B.C. indicate a 'hard road ahead': finance minister
  • Huge job losses in B.C. indicate a 'hard road ahead': finance minister
  • Huge job losses in B.C. indicate a 'hard road ahead': finance minister
< >

British Columbia Finance Minister Carole James says she doesn't want to sugar coat what will be a hard road ahead as labour force figures show the province lost a quarter of a million jobs in April. Combined with jobless figures in March, almost 400,000 people were unemployed.

James says nearly half of the job losses were in food services and the wholesale and retail sectors.

B.C.’s unemployment rate jumped to 11.5 per cent in April, but remains below the national rate of 13 per cent.

James says it's too early to say what impact the COVID-19 pandemic will have on B.C.'s budget, but her quarterly report at the end of the summer will give more details.

She says the province has strong economic fundamentals and the government is working to build a robust rebound for B.C.

MORE National ARTICLES

Man Charged In Stabbing Of Woman And Police Officer In Delta Pleads Guilty

The man who was charged in relation to the February 20, 2019 stabbing incident at Immaculate Conception School today appeared in court Feb. 24, 2020, to plead guilty to three serious charges.

Man Charged In Stabbing Of Woman And Police Officer In Delta Pleads Guilty

New Westminster Police Looking For High Risk Missing Person NIRLA SHARMA

New Westminster Police Department is seeking the public’s assistance in locating 44-year-old New Westminster resident Nirla Sharma.  

New Westminster Police Looking For High Risk Missing Person NIRLA SHARMA

Surrey City Council Amends Bylaws to Support Fair Competition Between Taxi And Ride Hailing Companies

“I am pleased that Council approved the amendments to our City bylaws to support a level playing field between taxis and ride-hailing vehicles,” said Surrey Mayor Doug McCallum. 

Surrey City Council Amends Bylaws to Support Fair Competition Between Taxi And Ride Hailing Companies

Chanting Wet'suwet'en Supporters Defy Injunction; Return To B.C. Legislature

About 300 people were gathered at the front steps, with many crowding at the building's ceremonial gates used by dignitaries including the lieutenant-governor and members of the Royal Family.

Chanting Wet'suwet'en Supporters Defy Injunction; Return To B.C. Legislature

B.C. Tells Inquiry Money Laundering Has Warped Economy, Fuelled Opioid Crisis

B.C. Tells Inquiry Money Laundering Has Warped Economy, Fuelled Opioid Crisis
Money laundering has distorted British Columbia's economy, fuelled the opioid crisis and overheated the real estate market, the province argued at the start of an inquiry into the criminal activity on Monday.

B.C. Tells Inquiry Money Laundering Has Warped Economy, Fuelled Opioid Crisis

Remove Taxi Boundaries: Surrey Board Of Trade Tells The Province

The Surrey Board of Trade is changing the public narrative for the taxi industry around partnership and innovation.

Remove Taxi Boundaries: Surrey Board Of Trade Tells The Province