Employment
decreased by
4,500
jobs from the previous month and
decreased by
900
jobs compared to the same month last year.
Full-time Employment
decreased by
4,000
jobs from the previous month and
decreased by
3,200
jobs year-over-year.
Part-time Employment
decreased by
600
jobs from the previous month and
increased by
2,200
jobs year-over-year.
Unemployment
increased by
700
people from the previous month and
increased by
600
compared to the same month last year.
Workforce Composition by Status
In the most recent month,
Full-time Employment
decreased by
4,000
jobs from last month and
decreased by
3,200
jobs compared to the same month last year.
Part-time Employment
decreased by
600
jobs from last month and
increased by
2,200
jobs year-over-year.
The number of
Unemployed
individuals
increased by
700
from the previous month and
increased by
600
compared to last year.
Scroll down to explore the data
Employment, Unemployment, and Participation Rate
The
Employment Rate
decreased by
2.4
percentage points year-over-year.
The
Unemployment Rate
increased by
0.5
percentage points from a year ago.
The
Participation Rate
decreased by
2.2
percentage points year-over-year.
Jobs Added or Lost by Month
Employment levels
decreased by
4,500
jobs in the most recent month and
decreased by
900
jobs compared to the same month last year.
In the most recent month, there was a net
decreased by
4,500
jobs.
Over the last year, the labor market has seen a net
decreased by
900
jobs in total.
Top 3 Industries in Goods Sector
Manufacturing
:
8,700
workers.
Construction
:
8,000
workers.
Forestry, fishing, mining, quarrying, oil and gas
:
2,100
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
Health care and social assistance
:
19,700
workers.
Wholesale and retail trade
:
14,200
workers.
Professional, scientific and technical services
:
12,000
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
Wholesale and retail trade
: Change of
1,900
workers (
decreased by
11.8
%).
Health care and social assistance
: Change of
1,400
workers (
decreased by
6.64
%).
Information, culture and recreation
: Change of
1,400
workers (
increased by
19.44
%).
Public administration
: Change of
1,000
workers (
decreased by
18.87
%).
Finance, insurance, real estate, rental and leasing
: Change of
600
workers (
increased by
10.17
%).
Educational services
: Change of
600
workers (
decreased by
11.54
%).
Accommodation and food services
: Change of
600
workers (
decreased by
6.59
%).
These industries saw the largest month-over-month changes, indicating short-term trends.
Top 5 Industries by Change from Same Month Last Year
Construction
: Change of
6,100
workers (
decreased by
43.26
%).
Health care and social assistance
: Change of
4,900
workers (
increased by
33.11
%).
Wholesale and retail trade
: Change of
4,500
workers (
decreased by
24.06
%).
Information, culture and recreation
: Change of
3,700
workers (
increased by
75.51
%).
Other services (except public administration)
: Change of
3,600
workers (
decreased by
45
%).
The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.
Conclusion
Employment has seen a decline over the year, highlighting some challenges in the job market.
Key industries driving the trend are: Manufacturing, Wholesale and retail trade, Professional, scientific and technical services, Health care and social assistance, Information, culture and recreation.
Updated monthly, these workforce trends focus on changes in total employment,
employment by industry, and employment unemployment rates at the Economic Region level.
Scroll down to explore the data
Census metropolitan area
Workforce Composition by Status
In the most recent month,
Full-time Employment
decreased by
4,000
jobs from last month and
decreased by
3,200
jobs compared to the same month last year.
Part-time Employment
decreased by
600
jobs from last month and
increased by
2,200
jobs year-over-year.
The number of
Unemployed
individuals
increased by
700
from the previous month and
increased by
600
compared to last year.
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Census metropolitan area
Employment, Unemployment, and Participation Rate
The
Employment Rate
decreased by
2.4
percentage points year-over-year.
The
Unemployment Rate
increased by
0.5
percentage points from a year ago.
The
Participation Rate
decreased by
2.2
percentage points year-over-year.
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Census metropolitan area
Jobs Added or Lost by Month
Employment levels
decreased by
4,500
jobs in the most recent month and
decreased by
900
jobs compared to the same month last year.
In the most recent month, there was a net
decreased by
4,500
jobs.
Over the last year, the labor market has seen a net
decreased by
900
jobs in total.
Loading...
Census metropolitan area
Top 3 Industries in Goods Sector
Manufacturing
:
8,700
workers.
Construction
:
8,000
workers.
Forestry, fishing, mining, quarrying, oil and gas
:
2,100
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
Health care and social assistance
:
19,700
workers.
Wholesale and retail trade
:
14,200
workers.
Professional, scientific and technical services
:
12,000
workers.
In the Services sector, Health Care, Retail, and Professional Services lead employment, representing a dominant portion of the workforce.
Loading...
Census metropolitan area
Top 5 Industries by Change from Previous Month
Wholesale and retail trade
: Change of
1,900
workers (
decreased by
11.8
%).
Health care and social assistance
: Change of
1,400
workers (
decreased by
6.64
%).
Information, culture and recreation
: Change of
1,400
workers (
increased by
19.44
%).
Public administration
: Change of
1,000
workers (
decreased by
18.87
%).
Finance, insurance, real estate, rental and leasing
: Change of
600
workers (
increased by
10.17
%).
Educational services
: Change of
600
workers (
decreased by
11.54
%).
Accommodation and food services
: Change of
600
workers (
decreased by
6.59
%).
These industries saw the largest month-over-month changes, indicating short-term trends.
Loading...
Census metropolitan area
Top 5 Industries by Change from Same Month Last Year
Construction
: Change of
6,100
workers (
decreased by
43.26
%).
Health care and social assistance
: Change of
4,900
workers (
increased by
33.11
%).
Wholesale and retail trade
: Change of
4,500
workers (
decreased by
24.06
%).
Information, culture and recreation
: Change of
3,700
workers (
increased by
75.51
%).
Other services (except public administration)
: Change of
3,600
workers (
decreased by
45
%).
The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.
Loading...
Census metropolitan area
Conclusion
Employment has seen a decline over the year, highlighting some challenges in the job market.
Key industries driving the trend are: Manufacturing, Wholesale and retail trade, Professional, scientific and technical services, Health care and social assistance, Information, culture and recreation.
Regional District of Central Okanagan — 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.