Northeast Economic Region Workforce Insights

Key Insights

  • Employment increased by 400 jobs from the previous month and increased by 400 jobs compared to the same month last year.
  • Full-time Employment increased by 800 jobs from the previous month and remained unchanged at 0 jobs year-over-year.
  • Part-time Employment decreased by 300 jobs from the previous month and increased by 500 jobs year-over-year.
  • Unemployment increased by 700 people from the previous month and increased by 500 compared to the same month last year.

Workforce Composition by Status

In the most recent month, Full-time Employment increased by 800 jobs from last month and remained unchanged at 0 jobs compared to the same month last year.

Part-time Employment decreased by 300 jobs from last month and increased by 500 jobs year-over-year.

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

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Employment, Unemployment, and Participation Rate

The Employment Rate increased by 0.3 percentage points year-over-year.

The Unemployment Rate increased by 1.1 percentage points from a year ago.

The Participation Rate increased by 1.3 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 400 jobs in the most recent month and increased by 400 jobs compared to the same month last year.

In the most recent month, there was a net increased by 400 jobs. Over the last year, the labor market has seen a net increased by 400 jobs in total.

Top 3 Industries in Goods Sector

  • Forestry, fishing, mining, quarrying, oil and gas : 4,600 workers.
  • Construction : 4,500 workers.
  • Manufacturing : 2,100 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 : 5,100 workers.
  • Wholesale and retail trade : 4,700 workers.
  • Accommodation and food services : 2,500 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

  • Manufacturing : Change of 400 workers ( increased by 23.53 %).
  • Health care and social assistance : Change of 400 workers ( increased by 8.51 %).
  • Construction : Change of 300 workers ( decreased by 6.25 %).
  • Public administration : Change of 300 workers ( increased by 15 %).
  • Educational services : Change of 200 workers ( increased by 10.53 %).
  • Accommodation and food services : Change of 200 workers ( decreased by 7.41 %).

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

Top 5 Industries by Change from Same Month Last Year

  • Public administration : Change of 2,300 workers ( increased by Inf %).
  • Manufacturing : Change of 2,100 workers ( increased by Inf %).
  • Forestry, fishing, mining, quarrying, oil and gas : Change of 1,900 workers ( decreased by 29.23 %).
  • Construction : Change of 1,100 workers ( increased by 32.35 %).
  • Wholesale and retail trade : Change of 1,100 workers ( decreased by 18.97 %).

The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.

Conclusion

The overall employment trend is positive, with strong growth in the past year. Key industries driving the trend are: Forestry, fishing, mining, quarrying, oil and gas, Construction, Wholesale and retail trade, Health care and social assistance, Accommodation and food services.

Local Workforce Insights

Key Local Labour Market Insights

  • Total local employment stands at 3,240 in December 2024, it fell by 570 jobs from November and contracted by 670 jobs year-over-year.
  • The local employment rate registered 47.9%. It contracted of 8.3 percentage points from November and fell by 9.0 percentage points from same month last year.
  • Local unemployment rate reached 6.2%. It decreased by 1.9 percentage points month-over-month, and showed decline by 0.2 percentage points year-over-year.

Employment Trends

Total employment in December 2024 was 3,240, showing a considerable decrease of 570. from December, employment levels contracted by 670, showing strain.

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Employment Rate Dynamics

The employment rate reached 47.9% in December 2024. This represents a decline of 8.3 percentage points from November (56.2%). Year-over-year, the rate decreased by 9.0 percentage points from 56.9%.

Unemployment Rate Trends

The unemployment rate was 6.2% in December 2024, down 1.9 percentage points from November. Compared to December last year (6.4%), the rate has decreased by 0.2 percentage points.

Employment: Regional vs Local Patterns

The weak correlation (0.02) between regional and local employment levels indicates relatively independent employment patterns. This suggests that local employment dynamics are largely independent from regional trends.

Employment Rate: Regional vs Local Patterns

Employment rates show a weak correlation (-0.02) between regional and local levels. This suggests distinct local employment rate patterns, suggesting that local labor market conditions operate independently.

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of 0.62 shows a moderate relationship. This suggests some common unemployment drivers, indicating that there is partial alignment in labor market stress.

Peace River B consists of the following communities: Peace River B, Blueberry River 205, Doig River 206, Fort Ware 1, Halfway River 168, Ingenika Point, Northern Rockies, Fontas 1, Fort Nelson 2, Kahntah 3, Prophet River 4 .

Monthly Local Workforce Trends

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

Peace River B consists of the following communities: Peace River B, Blueberry River 205, Doig River 206, Fort Ware 1, Halfway River 168, Ingenika Point, Northern Rockies, Fontas 1, Fort Nelson 2, Kahntah 3, Prophet River 4 .

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Local area

Employment Trends

Total employment in December 2024 was 3,240, showing a considerable decrease of 570. from December, employment levels contracted by 670, showing strain.

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

Employment Rate Dynamics

The employment rate reached 47.9% in December 2024. This represents a decline of 8.3 percentage points from November (56.2%). Year-over-year, the rate decreased by 9.0 percentage points from 56.9%.

Unemployment Rate Trends

The unemployment rate was 6.2% in December 2024, down 1.9 percentage points from November. Compared to December last year (6.4%), the rate has decreased by 0.2 percentage points.

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

Employment Rate: Regional vs Local Patterns

Employment rates show a weak correlation (-0.02) between regional and local levels. This suggests distinct local employment rate patterns, suggesting that local labor market conditions operate independently.

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

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of 0.62 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 March, 2025
Economic region

Workforce Composition by Status

In the most recent month, Full-time Employment increased by 800 jobs from last month and remained unchanged at 0 jobs compared to the same month last year.

Part-time Employment decreased by 300 jobs from last month and increased by 500 jobs year-over-year.

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

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

Employment, Unemployment, and Participation Rate

The Employment Rate increased by 0.3 percentage points year-over-year.

The Unemployment Rate increased by 1.1 percentage points from a year ago.

The Participation Rate increased by 1.3 percentage points year-over-year.

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

Jobs Added or Lost by Month

Employment levels increased by 400 jobs in the most recent month and increased by 400 jobs compared to the same month last year.

In the most recent month, there was a net increased by 400 jobs. Over the last year, the labor market has seen a net increased by 400 jobs in total.

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

Top 3 Industries in Goods Sector

  • Forestry, fishing, mining, quarrying, oil and gas : 4,600 workers.
  • Construction : 4,500 workers.
  • Manufacturing : 2,100 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 : 5,100 workers.
  • Wholesale and retail trade : 4,700 workers.
  • Accommodation and food services : 2,500 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 March, 2025
Economic region

Top 5 Industries by Change from Previous Month

  • Manufacturing : Change of 400 workers ( increased by 23.53 %).
  • Health care and social assistance : Change of 400 workers ( increased by 8.51 %).
  • Construction : Change of 300 workers ( decreased by 6.25 %).
  • Public administration : Change of 300 workers ( increased by 15 %).
  • Educational services : Change of 200 workers ( increased by 10.53 %).
  • Accommodation and food services : Change of 200 workers ( decreased by 7.41 %).

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

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

Top 5 Industries by Change from Same Month Last Year

  • Public administration : Change of 2,300 workers ( increased by Inf %).
  • Manufacturing : Change of 2,100 workers ( increased by Inf %).
  • Forestry, fishing, mining, quarrying, oil and gas : Change of 1,900 workers ( decreased by 29.23 %).
  • Construction : Change of 1,100 workers ( increased by 32.35 %).
  • Wholesale and retail trade : Change of 1,100 workers ( decreased by 18.97 %).

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 March, 2025
Economic region

Conclusion

The overall employment trend is positive, with strong growth in the past year. Key industries driving the trend are: Forestry, fishing, mining, quarrying, oil and gas, Construction, Wholesale and retail trade, Health care and social assistance, Accommodation and food services.

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

Employment rate Provincial Comparison

Among 94 small areas in British Columbia, Peace River B ranks 49th with an employment rate of 47.9%. The provincial range is 36.2% to 63.2%, with half of areas between 42.5% and 54.7% (median: 48.8%).

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

Unemployment rate Provincial Comparison

Among 94 small areas in British Columbia, Peace River B ranks 50th with an unemployment rate of 6.2%. The provincial range is 3.6% to 15.6%, with half of areas between 5.5% and 7.0% (median: 6.1%).

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

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Northeast 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.