Real Estate Board of Greater Vancouver

Vancouver Employment Trends

The unemployment rate in Vancouver was 6.4% as of November 2024, unchanged from the previous month. The unemployment rate stood 7.1% below the peak in June 2020 but remains above the long-run average.

There were 200 fewer full-time jobs in November 2024 compared to a month earlier. A gain of 6,600 part-time positions led to an increase of 6,400 total jobs in November.

Full-time employment was still down 19,200 jobs from the peak in May 2024.

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


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