An indicator of a positive and growing economy is the number of job vacancies in a labour market. Since the 2nd quarter of 2016, BC has recorded 14,000 job vacancies with the majority concentrated in two of the seven economic regions of the province: Lower Mainland—Southwest (+10,000) and Vancouver Island and Coast (+1,900).
As such, British Columbia continued to have the highest job vacancy rate among the provinces at 4.0%, up from 3.5% one year earlier.
The job vacancy rate is defined as the portion of jobs that are unfilled out of all available payroll jobs expressed as a percentage of labour demand. A positive value means there are a number of jobs unfilled in a labour market.
In many sectors, British Columbia had a job vacancy rate above the national average, notably in accommodation and food services (6.4%), administration and support services (5.9%) and construction (5.2%) which means if you are looking for a job, employers in these sectors are very eager to hire qualified new employees.