Abbotsford Employment Rate Rises to 61.3% After 400 Jobs Added, as Unemployment Hits 8.6%
Updated
Updated · abbynews.com · Aug 19
Abbotsford Employment Rate Rises to 61.3% After 400 Jobs Added, as Unemployment Hits 8.6%
1 articles · Updated · abbynews.com · Aug 19
Summary
Abbotsford’s employment rate edged up to 61.3% in July from 61.1%, marking its first monthly increase since February after months of job losses.
The gain was driven by 400 new jobs, lifting the city off its lowest employment level of the year and signaling a possible turn in local labor-market momentum.
The rebound was uneven: Abbotsford’s unemployment rate still rose to 8.6% from 8.4%, the highest since Statistics Canada began tracking the local data in 2022.
B.C. moved the other way on joblessness, with unemployment falling 0.3 points to 6.2% while the provincial employment rate rose 0.4 points to 61.1%, tied for the second-biggest increase in Canada.
Provincial officials said U.S. tariffs remain a headwind, but pointed to 3,100 manufacturing jobs added in July, 27,200 youth jobs over four months and 47,900 more full-time jobs for women than a year earlier.