Real Estate Board of Greater Vancouver

Vancouver Employment Trends

 

The unemployment rate in Vancouver was 6.7% as of March 2025, down 0.1% from the previous month. The unemployment rate stood 6.4% below the peak from June 2020 but remains above the long-run average.

There were 14,700 more full-time jobs in March 2025 compared to a month earlier. An unchanged number of part-time positions led to an increase of 14,700 total jobs in March.

Full-time employment was still down 6,800 jobs from the peak in May 2024 but stood 16,100 jobs above the trough in January 2025.

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


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