Employment
decreased by
2,500
jobs from the previous month and
decreased by
7,900
jobs compared to the same month last year.
Full-time Employment
decreased by
1,900
jobs from the previous month and
decreased by
1,800
jobs year-over-year.
Part-time Employment
decreased by
600
jobs from the previous month and
decreased by
6,100
jobs year-over-year.
Unemployment
increased by
400
people from the previous month and
decreased by
2,800
compared to the same month last year.
Workforce Composition by Status
In the most recent month,
Full-time Employment
decreased by
1,900
jobs from last month and
decreased by
1,800
jobs compared to the same month last year.
Part-time Employment
decreased by
600
jobs from last month and
decreased by
6,100
jobs year-over-year.
The number of
Unemployed
individuals
increased by
400
from the previous month and
decreased by
2,800
compared to last year.
Scroll down to explore the data
Employment, Unemployment, and Participation Rate
The
Employment Rate
decreased by
6.2
percentage points year-over-year.
The
Unemployment Rate
decreased by
2.5
percentage points from a year ago.
The
Participation Rate
decreased by
8.1
percentage points year-over-year.
Jobs Added or Lost by Month
Employment levels
decreased by
2,500
jobs in the most recent month and
decreased by
7,900
jobs compared to the same month last year.
In the most recent month, there was a net
decreased by
2,500
jobs.
Over the last year, the labor market has seen a net
decreased by
7,900
jobs in total.
Top 3 Industries in Goods Sector
Forestry, fishing, mining, quarrying, oil and gas
:
8,100
workers.
Construction
:
7,800
workers.
Manufacturing
:
7,200
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
:
12,700
workers.
Wholesale and retail trade
:
12,100
workers.
Educational services
:
6,800
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
Business, building and other support services
: Change of
1,800
workers (
decreased by
100
%).
Construction
: Change of
1,300
workers (
decreased by
14.29
%).
Finance, insurance, real estate, rental and leasing
: Change of
900
workers (
increased by
39.13
%).
Manufacturing
: Change of
800
workers (
decreased by
10
%).
Health care and social assistance
: Change of
700
workers (
decreased by
5.22
%).
Public administration
: Change of
700
workers (
decreased by
21.88
%).
These industries saw the largest month-over-month changes, indicating short-term trends.
Top 5 Industries by Change from Same Month Last Year
Health care and social assistance
: Change of
4,700
workers (
decreased by
27.01
%).
Business, building and other support services
: Change of
3,000
workers (
decreased by
100
%).
Information, culture and recreation
: Change of
2,900
workers (
increased by
170.59
%).
Manufacturing
: Change of
2,700
workers (
increased by
60
%).
Wholesale and retail trade
: Change of
2,700
workers (
decreased by
18.24
%).
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: Forestry, fishing, mining, quarrying, oil and gas, Construction, Manufacturing, Wholesale and retail trade, Health care and social assistance.
Local Workforce Insights
Key Local Labour Market Insights
Total local employment reached 14,190 in December 2024, it decreased by 140 jobs from November and contracted by 690 jobs year-over-year.
The local employment rate stands at 56.9%. It declined of 0.6 percentage points
from November and decreased by 4.1 percentage points from same month last year.
Local unemployment rate registered 5.2%. It expanded by 0.2 percentage points month-over-month, and showed growth by 0.3 percentage points year-over-year.
Employment Trends
Total employment in December 2024 was 14,190, showing a moderate decrease of 140. from December, employment levels declined by 690, facing headwinds.
Scroll down to explore more data
Employment Rate Dynamics
The employment rate reached 56.9% in December 2024. This represents a decline of 0.6 percentage points from November (57.5%). Year-over-year, the rate decreased by 4.1 percentage points from 61.0%.
Unemployment Rate Trends
The unemployment rate was 5.2% in December 2024, up 0.2 percentage points from November. Compared to December last year (4.9%), the rate has increased by 0.3 percentage points.
Employment: Regional vs Local Patterns
The moderate correlation (0.59) 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 (0.69) 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 0.63 shows a moderate relationship. This suggests some common unemployment drivers, indicating that there is partial alignment in labor market stress.
Cranbrook
consists of the following communities:
Cranbrook, East Kootenay C, Isidore's Ranch 4, Cassimayooks (Mayook) 5
.
Updated monthly, local monthly workforce trends focus on total employment,
and employment unemployment rates estimates at "small-area" level.
Cranbrook
consists of the following communities:
Cranbrook, East Kootenay C, Isidore's Ranch 4, Cassimayooks (Mayook) 5
.
Scroll down to explore the data
Local area
Employment Trends
Total employment in December 2024 was 14,190, showing a moderate decrease of 140. from December, employment levels declined by 690, facing headwinds.
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Local area
Employment Rate Dynamics
The employment rate reached 56.9% in December 2024. This represents a decline of 0.6 percentage points from November (57.5%). Year-over-year, the rate decreased by 4.1 percentage points from 61.0%.
Unemployment Rate Trends
The unemployment rate was 5.2% in December 2024, up 0.2 percentage points from November. Compared to December last year (4.9%), the rate has increased by 0.3 percentage points.
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Local area
Employment Rate: Regional vs Local Patterns
Employment rates show a moderate correlation (0.69) 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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Local area
Unemployment Rate: Regional vs Local Patterns
The unemployment rate correlation of 0.63 shows a moderate relationship. This suggests some common unemployment drivers, indicating that there is partial alignment in labor market stress.
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Economic region
Workforce Composition by Status
In the most recent month,
Full-time Employment
decreased by
1,900
jobs from last month and
decreased by
1,800
jobs compared to the same month last year.
Part-time Employment
decreased by
600
jobs from last month and
decreased by
6,100
jobs year-over-year.
The number of
Unemployed
individuals
increased by
400
from the previous month and
decreased by
2,800
compared to last year.
Loading...
Economic region
Employment, Unemployment, and Participation Rate
The
Employment Rate
decreased by
6.2
percentage points year-over-year.
The
Unemployment Rate
decreased by
2.5
percentage points from a year ago.
The
Participation Rate
decreased by
8.1
percentage points year-over-year.
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Economic region
Jobs Added or Lost by Month
Employment levels
decreased by
2,500
jobs in the most recent month and
decreased by
7,900
jobs compared to the same month last year.
In the most recent month, there was a net
decreased by
2,500
jobs.
Over the last year, the labor market has seen a net
decreased by
7,900
jobs in total.
Loading...
Economic region
Top 3 Industries in Goods Sector
Forestry, fishing, mining, quarrying, oil and gas
:
8,100
workers.
Construction
:
7,800
workers.
Manufacturing
:
7,200
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
:
12,700
workers.
Wholesale and retail trade
:
12,100
workers.
Educational services
:
6,800
workers.
In the Services sector, Health Care, Retail, and Professional Services lead employment, representing a dominant portion of the workforce.
Loading...
Economic region
Top 5 Industries by Change from Previous Month
Business, building and other support services
: Change of
1,800
workers (
decreased by
100
%).
Construction
: Change of
1,300
workers (
decreased by
14.29
%).
Finance, insurance, real estate, rental and leasing
: Change of
900
workers (
increased by
39.13
%).
Manufacturing
: Change of
800
workers (
decreased by
10
%).
Health care and social assistance
: Change of
700
workers (
decreased by
5.22
%).
Public administration
: Change of
700
workers (
decreased by
21.88
%).
These industries saw the largest month-over-month changes, indicating short-term trends.
Loading...
Economic region
Top 5 Industries by Change from Same Month Last Year
Health care and social assistance
: Change of
4,700
workers (
decreased by
27.01
%).
Business, building and other support services
: Change of
3,000
workers (
decreased by
100
%).
Information, culture and recreation
: Change of
2,900
workers (
increased by
170.59
%).
Manufacturing
: Change of
2,700
workers (
increased by
60
%).
Wholesale and retail trade
: Change of
2,700
workers (
decreased by
18.24
%).
The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.
Loading...
Economic region
Conclusion
Employment has seen a decline over the year, highlighting some challenges in the job market.
Key industries driving the trend are: Forestry, fishing, mining, quarrying, oil and gas, Construction, Manufacturing, Wholesale and retail trade, Health care and social assistance.
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Employment rate Provincial Comparison
Among 94 small areas in British Columbia, Cranbrook ranks 17th with an employment rate of 56.9%. The provincial range is 36.2% to 63.2%, with half of areas between 42.5% and 54.7% (median: 48.8%).
Unemployment rate Provincial Comparison
Among 94 small areas in British Columbia, Cranbrook ranks 8th with an unemployment rate of 5.2%. The provincial range is 3.6% to 15.6%, with half of areas between 5.5% and 7.0% (median: 6.1%).
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.
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2025