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BC Stats Infoline

Edition: November 5, 2018

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Infoline Highlights: Coverage for the week of October 29-November 2

Exports - The value of B.C. origin exports climbed 7.5% in the first three quarters of 2018, compared to the same nine-month period a year earlier. Shipments increased to each of B.C.’s top three export destinations: the United States (+4.2%), Mainland China (+7.8%) and Japan (+7.8%).
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Labour Force Statistics - The unemployment rate in British Columbia was 4.1% in October, down 0.1 percentage points from September and down 0.8 percentage points from 12 months ago. The labour force (‑4,100) and the number of employed (‑1,100) also declined from the previous month.
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Gross Domestic Product - The Canadian economy continued to expand in August, marking a seventh consecutive month of growth. Real GDP at basic prices edged up 0.1% (seasonally adjusted), boosted by growth in the energy sector (+1.0%) and finance and insurance (+1.0%).
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  • B.C.'s unemployment rate was 4.1% in October (down 0.1% from September), maintaining B.C.'s position as the province with the lowest unemployment. 

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Did You Know

Almost 3 in 10 Canadians are not subscribing to traditional cable or satellite television service, preferring to use online streaming services instead, an increase from 12% in 2012. Millenials (18-35 years of age) are leading this charge, with 48% of them either cancelling their subcriptions, or never having subscribed at all.  

Source: Angus Reid

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 Headlines

  • The value of B.C.'s exports increased in the first nine months of this year, over the same period last year.
  • B.C.'s unemployment rate dropped slightly in October over the month before.
  • The Canadian economy grew in August for the seventh month in a row.
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Released last week by BC Stats

  • Exports
  • Labour Force Statistics

This week

  • No releases
See BC Stats' latest releases or view our yearly release schedule.
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