Real Estate Board of Greater Vancouver

Vancouver Employment Trends

 

The unemployment rate in Vancouver was 6.2% as of February 2026, down 0.1% from the previous month. The unemployment rate stood 6.9% below the peak from June 2020 but remains above the long-run average.

There were 7,000 more full-time jobs in February 2026 compared to a month earlier. Combined with a loss of 11,100 part-time positions, this led to a decrease of 4,100 total jobs in February.

Full-time employment was down 14,000 jobs from the peak in June 2025 but stood 26,300 jobs above the trough in October 2025.

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


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