Vancouver Island and Coast Economic Region Workforce Insights

Key Insights

  • Employment decreased by 3,900 jobs from the previous month and decreased by 8,300 jobs compared to the same month last year.
  • Full-time Employment decreased by 1,400 jobs from the previous month and decreased by 9,000 jobs year-over-year.
  • Part-time Employment decreased by 2,500 jobs from the previous month and increased by 700 jobs year-over-year.
  • Unemployment increased by 500 people from the previous month and increased by 9,700 people compared to the same month last year.

Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 1,400 jobs from last month and decreased by 9,000 jobs compared to the same month last year.

Part-time Employment decreased by 2,500 jobs from last month and increased by 700 jobs year-over-year.

The number of Unemployed individuals increased by 500 people from the previous month and increased by 9,700 people compared to last year.

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Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 1.8 percentage points from a year ago.

The Unemployment Rate increased by 1.9 percentage points from a year ago.

The Participation Rate decreased by 0.7 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels decreased by 3,900 jobs from the previous month and decreased by 8,300 jobs compared to the same month last year.

In the most recent month, employment decreased by 3,900 jobs . Over the last year, the labor market has decreased by 8,300 jobs .

Top 3 Industries in Goods Sector

  • Construction : 44,500 workers.
  • Manufacturing : 16,500 workers.
  • Forestry, fishing, mining, quarrying, oil and gas : 8,800 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 : 82,300 workers.
  • Wholesale and retail trade : 64,100 workers.
  • Public administration : 47,100 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 2,800 workers ( decreased by 7.82 %).
  • Professional, scientific and technical services : Change of 2,000 workers ( increased by 5.26 %).
  • Health care and social assistance : Change of 2,000 workers ( decreased by 2.37 %).
  • Public administration : Change of 1,800 workers ( decreased by 3.68 %).
  • Wholesale and retail trade : Change of 1,600 workers ( decreased by 2.44 %).

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

Top 5 Industries by Change from Same Month Last Year

  • Accommodation and food services : Change of 7,500 workers ( decreased by 17.86 %).
  • Manufacturing : Change of 5,900 workers ( decreased by 26.34 %).
  • Information, culture and recreation : Change of 4,700 workers ( decreased by 19.58 %).
  • Wholesale and retail trade : Change of 4,400 workers ( increased by 7.37 %).
  • Health care and social assistance : Change of 3,800 workers ( increased by 4.84 %).

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: Construction, Wholesale and retail trade, Professional, scientific and technical services, Health care and social assistance, Public administration.

Local Workforce Insights

Key Local Labour Market Insights

  • Total local employment registered 240,220 in June 2025, it grew by 1,550 jobs from May and declined by 14,290 jobs year-over-year.
  • The local employment rate is 63.1%. It grew of 0.4 percentage points from May and fell by 4.9 percentage points from same month last year.
  • Local unemployment rate stands at 4.7%. It declined by 0.0 percentage points month-over-month, and expanded by 1.4 percentage points year-over-year.

Employment Trends

Total employment in June 2025 was 240,220, showing a modest increase of 1,550. versus June, employment levels fell by 14,290, showing weakness.

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Employment Rate Dynamics

The employment rate reached 63.1% in June 2025. This represents a rise of 0.4 percentage points from May (62.7%). Year-over-year, the rate decreased by 4.9 percentage points from 68.0%.

Unemployment Rate Trends

The unemployment rate was 4.7% in June 2025, down 0.0 percentage points from May. Compared to June last year (3.3%), the rate has increased by 1.4 percentage points.

Employment: Regional vs Local Patterns

The moderate correlation (0.66) between regional and local employment levels indicates some alignment in employment trends. This suggests that local employment partially reflects regional patterns.

Employment Rate: Regional vs Local Patterns

Employment rates show a moderate correlation (0.62) between regional and local levels. This shows moderate similarity in workforce engagement, suggesting that there are some shared labor market influences.

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of 0.37 shows a moderate relationship. This suggests some common unemployment drivers, indicating that there is partial alignment in labor market stress.

Victoria consists of the following communities: North Saanich, Sidney, Central Saanich, Saanich, Oak Bay, Victoria, Esquimalt, Colwood, Metchosin, Langford, View Royal, Highlands, Sooke, Juan de Fuca (Part 1), Cole Bay 3, Union Bay 4, East Saanich 2, South Saanich 1, Becher Bay 1, Esquimalt, New Songhees 1A, T'Sou-ke .

Monthly Local Workforce Trends

Updated monthly, local monthly workforce trends focus on total employment, and employment unemployment rates estimates at "small-area" level.

Victoria consists of the following communities: North Saanich, Sidney, Central Saanich, Saanich, Oak Bay, Victoria, Esquimalt, Colwood, Metchosin, Langford, View Royal, Highlands, Sooke, Juan de Fuca (Part 1), Cole Bay 3, Union Bay 4, East Saanich 2, South Saanich 1, Becher Bay 1, Esquimalt, New Songhees 1A, T'Sou-ke .

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Local area

Employment Trends

Total employment in June 2025 was 240,220, showing a modest increase of 1,550. versus June, employment levels fell by 14,290, showing weakness.

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Data source: Statistics Canada - Labour Force Survey August, 2025
Local area

Employment Rate Dynamics

The employment rate reached 63.1% in June 2025. This represents a rise of 0.4 percentage points from May (62.7%). Year-over-year, the rate decreased by 4.9 percentage points from 68.0%.

Unemployment Rate Trends

The unemployment rate was 4.7% in June 2025, down 0.0 percentage points from May. Compared to June last year (3.3%), the rate has increased by 1.4 percentage points.

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Data source: Statistics Canada - Labour Force Survey August, 2025
Local area

Employment Rate: Regional vs Local Patterns

Employment rates show a moderate correlation (0.62) between regional and local levels. This shows moderate similarity in workforce engagement, suggesting that there are some shared labor market influences.

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Data source: Statistics Canada - Labour Force Survey August, 2025
Local area

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of 0.37 shows a moderate relationship. This suggests some common unemployment drivers, indicating that there is partial alignment in labor market stress.

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

Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 1,400 jobs from last month and decreased by 9,000 jobs compared to the same month last year.

Part-time Employment decreased by 2,500 jobs from last month and increased by 700 jobs year-over-year.

The number of Unemployed individuals increased by 500 people from the previous month and increased by 9,700 people compared to last year.

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

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 1.8 percentage points from a year ago.

The Unemployment Rate increased by 1.9 percentage points from a year ago.

The Participation Rate decreased by 0.7 percentage points year-over-year.

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

Jobs Added or Lost by Month

Employment levels decreased by 3,900 jobs from the previous month and decreased by 8,300 jobs compared to the same month last year.

In the most recent month, employment decreased by 3,900 jobs . Over the last year, the labor market has decreased by 8,300 jobs .

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

Top 3 Industries in Goods Sector

  • Construction : 44,500 workers.
  • Manufacturing : 16,500 workers.
  • Forestry, fishing, mining, quarrying, oil and gas : 8,800 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 : 82,300 workers.
  • Wholesale and retail trade : 64,100 workers.
  • Public administration : 47,100 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 August, 2025
Economic region

Top 5 Industries by Change from Previous Month

  • Educational services : Change of 2,800 workers ( decreased by 7.82 %).
  • Professional, scientific and technical services : Change of 2,000 workers ( increased by 5.26 %).
  • Health care and social assistance : Change of 2,000 workers ( decreased by 2.37 %).
  • Public administration : Change of 1,800 workers ( decreased by 3.68 %).
  • Wholesale and retail trade : Change of 1,600 workers ( decreased by 2.44 %).

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

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

Top 5 Industries by Change from Same Month Last Year

  • Accommodation and food services : Change of 7,500 workers ( decreased by 17.86 %).
  • Manufacturing : Change of 5,900 workers ( decreased by 26.34 %).
  • Information, culture and recreation : Change of 4,700 workers ( decreased by 19.58 %).
  • Wholesale and retail trade : Change of 4,400 workers ( increased by 7.37 %).
  • Health care and social assistance : Change of 3,800 workers ( increased by 4.84 %).

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 August, 2025
Economic region

Conclusion

Employment has seen a decline over the year, highlighting some challenges in the job market. Key industries driving the trend are: Construction, Wholesale and retail trade, Professional, scientific and technical services, Health care and social assistance, Public administration.

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

Employment rate Provincial Comparison

Among 84 small areas in British Columbia, Victoria ranks 22nd with an employment rate of 63.1%. The provincial range is 40.9% to 73.6%, with half of areas between 53.4% and 63.2% (median: 58.7%).

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

Unemployment rate Provincial Comparison

Among 84 small areas in British Columbia, Victoria ranks 1st with an unemployment rate of 4.7%. The provincial range is 4.7% to 7.7%, with half of areas between 5.5% and 6.5% (median: 6.0%).

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

Vancouver Island and Coast 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.