Times Colonist: Signs of recovery seen in employment figures

June 6, 2020
Colin Wong

[EXCERPT]

Jock Finalyson, the Business Council of B.C.’s chief policy officer, said it was a “pleasant surprise” to see employment numbers in the province move up.

Further gains in employment are expected as more sectors of the economy reopen in June, July and August, he said.

What’s unknown is how many of the jobs lost will return.

Some businesses have closed permanently, while others are reopening under new operating procedures, with limits on customer numbers.

Surviving businesses might not need as many staff as in the past, Finalyson said.

We are also in the midst of a global recession, which affects manufacturing companies reliant on exports, he said.

“I do think we are bottoming out. It has turned out to be a horrific economic decline, but I think it is going to be relatively brief in duration.”

Full Article.

Become A BCBC Member

LEARN ABOUT MEMBERSHIP
BACK TO TOP    

ADDRESS

Business Council of British Columbia
1050 West Pender Street, Suite 960
Vancouver BC V6E 3S7

CONTACT INFORMATION

Telephone: 604-684-3384
Media Contact: 604-684-3384
Email: info@bcbc.com

© 2023 Business Council of BC. All rights Reserved.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram