Vancouver Island / Coast

Latest numbers for this region in January 2018

672,200
383,300
5.3 %
3.9 %
383,300

Source: Monthly Labour Force Survey, 3-month moving average, seasonally unadjusted

Regional overview

The Vancouver Island / Coast economic region is located on the west coast of B.C. and includes all of Vancouver Island, the Gulf Islands and some of the coastal regions of the Mainland, from the Powell River area up to the Central Coast. It includes Nanaimo and the provincial capital, Victoria.

Regional district Key cities
Regional district Alberni-Clayoquot Key cities Tofino, Ucluelet
Regional district Capital Key cities Victoria
Regional district Central Coast Key cities
Regional district Comox Valley Key cities Courtenay, Comox
Regional district Cowichan Valley Key cities Duncan
Regional district Mount Waddington Key cities
Regional district Nanaimo Key cities Nanaimo
Regional district Powell River Key cities Powell River
Regional district Strathcona Key cities Campbell River

Age distribution

  • Age
  •    % by age for Vancouver Island / Coast
  •    % by age for B.C.
  • 0 - 14
  • 15 - 24
  • 25 - 54
  • 55 - 64
  • 65 - 90+

Source: 2015 Labour Force Survey

Unemployment rate

10-year unemployment rate in Vancouver Island / Coast compared to B.C. rate (2005-2015)

  British Columbia
  Low:
4.3 %
  High:
7.7 %
Unemployment rate (2015):
6.2 %
10-year average:
6.2 %
  Vancouver Island / Coast
  Low:
4.3 %
  High:
7.8 %
Unemployment rate (2015):
6.3 %
10-year average:
6.0 %

Source: 2015 Labour Force Survey

This region's industries and sectors

Industry Sector
Accommodation and Food Services Services
Agriculture Goods
Business, Building and Other Support Services Services
Construction Goods
Educational Services Services
Finance, Insurance, Real Estate and Leasing Services
Fishing, Hunting and Trapping * Goods
Forestry and Logging with Support Activities * Goods
Health Care and Social Assistance Services
Information, Culture and Recreation Services
Manufacturing Goods
Mining and Oil and Gas Extraction * Goods
Other Services Services
Professional, Scientific, and Technical Services Services
Public Administration Services
Transportation and Warehousing Services
Utilities Goods
Wholesale and Retail Trade Services

Note:*Data for this industry is from the combined dataset for Forestry, Fishing, Mining, Quarrying, Oil and Gas; therefore, the data for this industry was suppressed from reporting.

Source: 2015 Labour Force Survey

Goods and Services sectors

Share of employment in Goods and Service sectors (2015)

  Goods         Services

Source: 2015 Labour Force Survey

The Vancouver Island/Coast region accounts for the second largest percent of provincial employment.

Service sector

Vancouver Island/Coast is a mixture of urban and rural areas, and its economy reflects this diversity. As Victoria is the capital city, there is a large government presence.

Goods sector

In 2015, Vancouver Island / Coast accounted for fourteen percent of provincial employment in the Goods producing sector (agriculture, forestry, mining, oil and gas, fishing, hunting and trapping, utilities, construction and manufacturing).

In the more rural areas of Vancouver Island / Coast, there are significant resource-based activities.

Employment outlook

  • 2016
  • 2020
  • 2025

Forecasted 10-year total employment growth:   44,200
Forecasted average annual employment growth rate:   1.2%

Source: B.C. Labour Market Outlook

Top 10 industries Job openings Employment
growth
Top 10 industries
Health Care and Social Assistance 30,500 1.9%
Wholesale and Retail Trade 21,100 1.4%
Accommodation and Food Services 14,400 1.2%
Construction 13,900 0.9%
Educational Services 13,600 1.4%
Professional, Scientific, and Technical Services 12,300 1.4%
Public Administration 10,600 0.9%
Finance, Insurance, Real Estate and Leasing 7,900 0.9%
Transportation and Warehousing 6,000 0.8%
Other Services 3,900 1.1%