Fraser Valley Real Estate Board

British Columbia Employment Trends

The unemployment rate in British Columbia was 7.8% at the end of April 2020, up 2.2% from the previous month to the highest level since May 2011.

The number of full-time jobs was down from the end of the previous month to where it stood about three years ago.

There were 82,800 fewer full-time jobs in April 2020 compared to a month earlier. A loss of 51,500 part-time positions led to a decrease of 134,300 total jobs in April.

A small amount of full-time job gains occurred in the utilities sector.  

These gains were offset by a significant amount of losses occurring mainly in agriculture, construction, trade services, transportation & warehousing, the financial sector, business & building services, healthcare, information & culture services, and accommodation & food services.

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