The Hub: News & Events for November 18, 2019

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November 18, 2019


Central 1 News

Labour Markets - Regional B.C 
• B.C. employment climbs by 15,300 persons in October
• Vancouver CMA led employment growth, reversing soft trend
• Service sector employment gains
• Low unemployment rate underscores labour
market tightness

B.C. Economic Briefing  
• MLS® sales rise 1.3 per cent, for fourth straight gain
• Market conditions fi rm in most areas of B.C.
• Non-residential construction trends gain sharply from 2018

Labour Markets - Regional Ontario
Ontarians faced deep cuts to privatesector full-time employment in October. Ontario's unemployment rate remained unchanged
in October over September at 5.3 per cent due to a contraction to both employment (fell by 16,200 net jobs) and a nearly equal contraction to the labour force (fell by 16,600 net workers).

Ontario Economic Briefing  
• Ontario home sales fell by 1.7 per cent in
October after posting nearly no sales growth the month prior
• New car sales fell by 7.6 per cent in September, the steepest month-over-month sales drop of 2019
Central 1 Events

Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News


Morgan Stanley Sees a Global Economic Recovery in Early 2020 (Bloomberg)

Population growth driving Kelowna's economy (Kelowna Capital News)- featuring Central 1's Chief Economist Helmut Pastrick

B.C.'s payroll counts dip slightly in August (Business in  Vancouver) - featuring Central 1's Deputy Chief Economist Bryan Yu

Bank wires fraudsters over $800K of retiree's savings, despite red flag (CBC) 

Every Tech Company Wants to Be a Bank—Someday, At Least (Wired) 

Industry Events

December 3, 2019
Annual Credit Union Forum & Holiday Luncheon

Liuna Station
Hamilton, ON
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Central 1 Credit Union, All rights reserved.

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