Association of Interior REALTORS - South Peace River Region

Okanagan Employment Trends

The unemployment rate in the Okanagan region was 4.9% as of April 2024, down 0.5% from the previous month. The unemployment rate stood 7.1% below the peak from June 2009 and is below the long-run average.

There were 300 more full-time jobs in April 2024 compared to a month earlier. A gain of 1,500 part-time positions led to an increase of 1,800 total jobs in April.

Full-time employment was still down 9,400 jobs from the peak in May 2023 but stood 300 jobs above the trough in March 2024.

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

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