Kootenay Real Estate Board

British Columbia Employment Trends

The unemployment rate in British Columbia was 6.4% as of October 2026, unchanged from the previous month. The unemployment rate stood 6.5% below the peak in June 2020 but remains above the long-run average.

There were 14,800 fewer full-time jobs in October 2026 compared to a month earlier. Combined with a gain of 10,300 part-time positions, this led to a decrease of 4,500 total jobs in October.

Full-time employment was down 27,100 jobs from the peak in June 2025 but stood 18,500 jobs above the trough in May 2026.

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


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