Tuesday, April 5, 2016

Strength in diversity: BC’s Job Market Outlook - iNEWS880

by Charmaine de Silva
Originally published: April 4, 2016
Publisher: iNews880.com 

The reports are usually optimistic.

In recent years B.C. has performed better than other provinces, economically speaking.

But what about the future?

As young British Columbians make decisions about their future, and what sectors should they be looking to?

B.C.’s economic success as of late is not a fluke.

Canada’s economy, as a whole, has been hurting, largely due to tumbling oil prices.

It’s having a harsh impact on our neighbour Alberta.

But Jock Finlayson with the Business Council of BC says this province is not having that problem.

“We have a very diversified industrial base here, we don’t produce very much oil, in particular. We seem to be holding up well at a time when our economy, nationally, is growing at 1% a year, we’re probably closer to 2.5 or even 3% a year, so that’s pretty good. We are leading Canada in job growth in 2015, and we think that will continue to be the case in 2016 as well.”

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