Chilliwack & District Real Estate Board

British Columbia Employment Trends

The unemployment rate in British Columbia was 7.3% as of March 2021, down 0.1% from the previous month. The unemployment rate stood 5.5% below the peak from June 2020 but remains above the long-run average.

There were 600 more full-time jobs in March 2021 compared to a month earlier. A gain of 20,900 part-time positions led to an increase of 21,500 total jobs in March.

Full-time employment was still down 54,600 jobs from the peak in June 2019 but stood 188,900 jobs above the recent trough in June 2020.

The number of full-time jobs in March was up from the previous month in natural resources, construction, trade services, transportation & warehousing, the financial sector, professional & scientific services, business & building services, and information & cultural services.

Full-time job losses in March occurred in agriculture, utilities, manufacturing, education, healthcare, accommodation & food services, and public administration.

* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.