British Columbia Employment Trends
The unemployment rate in British Columbia was 5.8% as of December 2024, unchanged from the previous month. The unemployment rate stood 7% below the peak in June 2020 and is below the long-run average.
There were 400 more full-time jobs in December 2024 compared to a month earlier. A gain of 7,500 part-time positions led to an increase of 7,900 total jobs in December.
Full-time employment was still down 34,500 jobs from the peak in May 2024 but stood 2,100 jobs above the trough in October 2024.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
