DATA UPDATE 3- Jasmine Kaur Kochhar- The Fluctuating Employment Rates in BC.
Data Update- 3 The fluctuating employment rate in BC . The following bar chart shows the average unemployment rate of full time students in BC over the last 5 years. The 5 year time span basically highlights the pre, during and post-covid period. CHART: The data has been taken from: Statistics Canada. Table 14-10-0021-01 Unemployment rate, participation rate, and employment rate by type of student during school months, monthly, unadjusted for seasonality https://www150.statcan.gc.ca/t1/tbl1/en/cv.action?pid=1410002101 As seen in the graph, the unemployment rate peaked during 2020 which was the covid period. Later it declined to 12,4 in 2021 to 8.7 in 2022 and id did peak a bit in 2023. In the article by Victoria News , it talks about the increased unemployment rate as it rose by 0.3 in 2023 and for 2024 its until February, so its ha...