Business in Vancouver: B.C. job growth slows in December as restrictions take their toll


Ken Peacock, chief economist at the Business Council of B.C., noted the December gains mean the province is now down 33,600 jobs compared with February’s pre-pandemic numbers.

He said gains over the past few months have outperformed his own expectations as he believed it was possible at the outset of the pandemic that the province could be down as many as 150,000 jobs by the end of 2020.

“We've already been through a period of pretty strong job growth so there's quite a bit of variation by industry. So, I think that kind of points to some underlying resiliency [in B.C.’s economy],” Peacock told BIV, noting that the province’s restrictions haven’t been as stringent as in other provinces.

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