Ken Peacock, chief economist of the Business Council of B.C., noted that the recent gains mean B.C. is now down only 37,000 jobs compared with pre-pandemic levels.
The core working age group — those between 25 and 54 years old — have fully returned to February employment levels, while the remaining shortfall sits on 15-24-year olds, he added.
Peacock told BIV that specific sectors such as tourism are still hurting but he’s been pleasantly surprised by the rapid rebound since the outset of the pandemic when he initially believed B.C. could have been down by as many as 200,000 jobs at this point in the year.