Fraser Valley Employment Trends

The unemployment rate in the Fraser Valley was 5.7% as of December 2024, unchanged from the previous month. The unemployment rate stood 4.3% below the peak in March 2012 and is below the long-run average.

There were 400 more full-time jobs in December 2024 compared to a month earlier. A loss of 400 part-time positions led to an unchanged number of total jobs in December.

Full-time employment has recovered since reaching a bottom in May 2023 and now stands at a record high.

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

The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Fraser Valley Employment Trends. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, neither The Canadian Real Estate Association nor the Fraser Valley Employment Trends assumes any responsibility or liability. Copyright ©2025. The Canadian Real Estate Association. All rights reserved. Reproduction in whole or in part is prohibited without written permission.

Fraser Valley Real Estate Board