Okanagan Employment Trends
The unemployment rate in the Okanagan region was 4.7% as of September 2024, unchanged from the previous month. The unemployment rate stood 7.3% below the peak in June 2009 and is below the long-run average.
There were 2,200 fewer full-time jobs in September 2024 compared to a month earlier. A gain of 1,300 part-time positions led to a decrease of 900 total jobs in September.
Full-time employment was still down 17,100 jobs from the peak in May 2023.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
