Lower Mainland-Southwest Economic Region Workforce Insights

Key Insights

  • Employment increased by 11,300 jobs from the previous month and increased by 29,100 jobs compared to the same month last year.
  • Full-time Employment increased by 1,200 jobs from the previous month and decreased by 600 jobs year-over-year.
  • Part-time Employment increased by 10,100 jobs from the previous month and increased by 29,700 jobs year-over-year.
  • Unemployment increased by 3,200 people from the previous month and increased by 22,600 compared to the same month last year.

Workforce Composition by Status

In the most recent month, Full-time Employment increased by 1,200 jobs from last month and decreased by 600 jobs compared to the same month last year.

Part-time Employment increased by 10,100 jobs from last month and increased by 29,700 jobs year-over-year.

The number of Unemployed individuals increased by 3,200 from the previous month and increased by 22,600 compared to last year.

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Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 1.6 percentage points year-over-year.

The Unemployment Rate increased by 1 percentage points from a year ago.

The Participation Rate decreased by 1 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 11,300 jobs in the most recent month and increased by 29,100 jobs compared to the same month last year.

In the most recent month, there was a net increased by 11,300 jobs. Over the last year, the labor market has seen a net increased by 29,100 jobs in total.

Top 3 Industries in Goods Sector

  • Construction : 154,100 workers.
  • Manufacturing : 118,600 workers.
  • Utilities : 10,200 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, and Agriculture, which together account for a substantial share of the workforce.

Top 3 Industries in Services Sector

  • Wholesale and retail trade : 298,700 workers.
  • Health care and social assistance : 237,800 workers.
  • Professional, scientific and technical services : 236,200 workers.

In the Services sector, Health Care, Retail, and Professional Services lead employment, representing a dominant portion of the workforce.

Top 5 Industries by Change from Previous Month

  • Educational services : Change of 5,800 workers ( increased by 3.81 %).
  • Health care and social assistance : Change of 5,400 workers ( increased by 2.32 %).
  • Wholesale and retail trade : Change of 2,700 workers ( decreased by 0.9 %).
  • Information, culture and recreation : Change of 2,700 workers ( decreased by 3.1 %).
  • Transportation and warehousing : Change of 2,600 workers ( increased by 2.22 %).

These industries saw the largest month-over-month changes, indicating short-term trends.

Top 5 Industries by Change from Same Month Last Year

  • Information, culture and recreation : Change of 27,700 workers ( decreased by 24.73 %).
  • Wholesale and retail trade : Change of 22,800 workers ( increased by 8.26 %).
  • Business, building and other support services : Change of 13,300 workers ( increased by 24.68 %).
  • Public administration : Change of 10,300 workers ( decreased by 11.81 %).
  • Finance, insurance, real estate, rental and leasing : Change of 9,000 workers ( increased by 6.92 %).

The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.

Conclusion

The overall employment trend is positive, with strong growth in the past year. Key industries driving the trend are: Construction, Wholesale and retail trade, Professional, scientific and technical services, Educational services, Health care and social assistance.

Monthly Regional Workforce Trends

Updated monthly, these workforce trends focus on changes in total employment, employment by industry, and employment unemployment rates at the Economic Region level.

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Economic region

Workforce Composition by Status

In the most recent month, Full-time Employment increased by 1,200 jobs from last month and decreased by 600 jobs compared to the same month last year.

Part-time Employment increased by 10,100 jobs from last month and increased by 29,700 jobs year-over-year.

The number of Unemployed individuals increased by 3,200 from the previous month and increased by 22,600 compared to last year.

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Data source: Statistics Canada - Labour Force Survey February, 2025
Economic region

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 1.6 percentage points year-over-year.

The Unemployment Rate increased by 1 percentage points from a year ago.

The Participation Rate decreased by 1 percentage points year-over-year.

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Data source: Statistics Canada - Labour Force Survey February, 2025
Economic region

Jobs Added or Lost by Month

Employment levels increased by 11,300 jobs in the most recent month and increased by 29,100 jobs compared to the same month last year.

In the most recent month, there was a net increased by 11,300 jobs. Over the last year, the labor market has seen a net increased by 29,100 jobs in total.

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Data source: Statistics Canada - Labour Force Survey February, 2025
Economic region

Top 3 Industries in Goods Sector

  • Construction : 154,100 workers.
  • Manufacturing : 118,600 workers.
  • Utilities : 10,200 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, and Agriculture, which together account for a substantial share of the workforce.

Top 3 Industries in Services Sector

  • Wholesale and retail trade : 298,700 workers.
  • Health care and social assistance : 237,800 workers.
  • Professional, scientific and technical services : 236,200 workers.

In the Services sector, Health Care, Retail, and Professional Services lead employment, representing a dominant portion of the workforce.

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Data source: Statistics Canada - Labour Force Survey February, 2025
Economic region

Top 5 Industries by Change from Previous Month

  • Educational services : Change of 5,800 workers ( increased by 3.81 %).
  • Health care and social assistance : Change of 5,400 workers ( increased by 2.32 %).
  • Wholesale and retail trade : Change of 2,700 workers ( decreased by 0.9 %).
  • Information, culture and recreation : Change of 2,700 workers ( decreased by 3.1 %).
  • Transportation and warehousing : Change of 2,600 workers ( increased by 2.22 %).

These industries saw the largest month-over-month changes, indicating short-term trends.

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Data source: Statistics Canada - Labour Force Survey February, 2025
Economic region

Top 5 Industries by Change from Same Month Last Year

  • Information, culture and recreation : Change of 27,700 workers ( decreased by 24.73 %).
  • Wholesale and retail trade : Change of 22,800 workers ( increased by 8.26 %).
  • Business, building and other support services : Change of 13,300 workers ( increased by 24.68 %).
  • Public administration : Change of 10,300 workers ( decreased by 11.81 %).
  • Finance, insurance, real estate, rental and leasing : Change of 9,000 workers ( increased by 6.92 %).

The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.

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Data source: Statistics Canada - Labour Force Survey February, 2025
Economic region

Conclusion

The overall employment trend is positive, with strong growth in the past year. Key industries driving the trend are: Construction, Wholesale and retail trade, Professional, scientific and technical services, Educational services, Health care and social assistance.

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Data source: Statistics Canada - Labour Force Survey February, 2025

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Lower Mainland-Southwest Economic region — Labour Market Outlook

Total Job Openings

Most Job Openings

Job openings and employment by occupation and industry for the period 2024-2034

Forecasted number of new job openings in the period 2024-2034

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Data source: Labour Market Analytics, Forecasting & Information

Forecasted employment in the period 2024-2034

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Data source: Labour Market Analytics, Forecasting & Information

High-opportunity occupations

High opportunity occupations by NOC based on forecasted number of job openings in the period 2024-2034

Data source: Labour Market Analytics, Forecasting & Information

BC workforce supply composition for the period 2024-2034

Forecasted number of new job market entrants in the period 2024-2034

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Data source: Labour Market Analytics, Forecasting & Information

These job openings provide a forecast for the demand for labour with the associated education background. This is a demand projection only and is not a measure of how many graduates the B.C. education system needs to produce. These job openings are projected to be supplied through a mix of young B.C. residents starting work after being educated either in B.C. or other jurisdictions, immigrants, migrants from other provinces, or existing residents pursuing additional education.

Planners should take these other possible sources of supply into account when using these projections for post-secondary program planning purposes.