Dropdown arrow

Date: July 11, 2025

Canadian employment increased by 0.4 per cent from the previous month, gaining 83,000 jobs to reach 21.061 million in June. The employment rate rose by 0.1 points to 60.9 per cent, while the unemployment rate fell by 0.1 points to 6.9 per cent.

Average hourly wages rose 3.2 per cent year-over-year to $36.01 last month, while total hours worked increased by 1.6 per cent compared to June of the previous year.

Provincial Highlights: British Columbia

Employment in B.C. rose by 0.2 per cent to 2.968 million, gaining 5,000 jobs in June. Employment in Metro Vancouver rose by 1.1 per cent to 1.735 million.

The unemployment rate in B.C. fell by 0.8 points to 5.6 per cent, while Vancouver's unemployment rate fell by 0.6 points to 5.8 per cent in June.

Economic Context

June's jobs report marks the first meaningful increase in employment since January, breaking a trend of largely stagnant job creation in 2025. Notably, the vast majority of employment growth was concentrated in part-time positions, reflecting greater demand for temporary roles across many industries during the summer.

Moreover, the Canadian labour market remains relatively weak, with the national unemployment rate hovering near its highest level since the pandemic. This report likely supports a neutral stance from the Bank of Canada and a potential rate hold at its upcoming meeting, though resurgent tariff risks may complicate the Bank’s outlook.

Source: BCREA

MLS® Listings in North Vancouver | Homes for Sale

Sort by:

CANADIAN EMPLOYMENT (JUNE 2025)

Provincial Highlights: British Columbia

Economic Context

Browse Other North Vancouver Communities

MLS® Listings in North Vancouver | Homes for Sale

$2,098,000

633 Fir Street, North Vancouver

$1,299,000

650 E 2nd Street 112, North Vancouver

$889,900

1111 E 27th Street 106, North Vancouver

$2,099,000

749 Winona Avenue, North Vancouver

$1,388,000

683 W Victoria Park 308, North Vancouver

$2,498,000

313 E 13th Street, North Vancouver

$1,519,999

2070 Curling Road 125, North Vancouver

$2,498,000

963 Belmont Avenue, North Vancouver

$499,000

155 E 5th Street 301, North Vancouver

$1,499,000

1798 Garden Avenue, North Vancouver

$1,849,000

331 W 14th Street, North Vancouver

$1,099,000

1500 Fern Street 404, North Vancouver

$784,000

277 W 1st Street 501, North Vancouver

$2,098,800

2717 Panorama Drive, North Vancouver

$1,125,000

100 E Esplanade Avenue 307, North Vancouver