NEWS RELEASE · 3rd September 2010
Ministry of Labour
Over the past nine years, British Columbia has built an economy that has generated jobs and increased wages for workers.
Here are the facts:
* The average hourly wage for all workers in B.C. in July 2010 was $22.54 - the third-highest rate in Canada, more than 2.8 times the minimum wage. This represents a 25 per cent increase since 2001.
* Young people between the ages of 15 and 24 in B.C. earn on average $13.27 per hour - the third-highest wage in Canada and nearly 1.7 times the minimum wage.
* Only 2.3 per cent of workers are collecting minimum wage or less.
* Since December 2001, British Columbia added 416,000 jobs to the workplace. 73 per cent are full-time positions.
* B.C. has created more than 67,000 new jobs in the last year.
* British Columbia's average unemployment rate for 2009 was 7.6 per cent, lower than the national average of 8.3 per cent.
* In July 2010, B.C.'s unemployment rate was 7.5 per cent, below the national average of 8.0 per cent. *Seasonally adjusted*
* Facts on this page are cited from the July 2010 Statistics Canada Labour Force Survey.