When the economy is difficult and opportunities are scarce, some individuals give up the search for employment and disappear from the ranks of the unemployed. When the economy is vibrant and opportunities are plentiful, inactive individuals are drawn into the workforce.
Recent events emphasize the BC government’s lack of focus on delivering benefits to citizens. Instead, it is the servant of special interests. There is little interest in developing industries that add value to provincial resources and encourage manufacturing and processing, but Liberals are willing to spend billions on subsidies and megaprojects like Site C so that foreign owned companies can ship provincial assets overseas with a near zero share of value remaining for citizens.
Over time, BC has ranked poorly compared to other Canadian provinces. Not surprisingly, in measures of job growth, the province also ranks poorly, although that was not always the case.
We must admit these numbers could have been worse but for the actions of BC Liberals. Had government not spent millions advertising the BC Jobs Plan and employed platoons of public relations folks to imagine all kinds of scenarios aiming to turn bad news into good, even fewer jobs would have been created. We should be grateful for small mercies.
Source: Statistics Canada CANSIM 282-0002