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How is job market in Vancouver?

How is job market in Vancouver?

Booming Economy The labor market in Vancouver has been very competitive for expats, since the province already has enough highly-skilled local graduates. In recent years the economy has been booming though, and there is no end in sight. A lot of international companies have their headquarters in Vancouver.

How is the tech job market in Canada?

The 2021 Tech-30 report indicates that 11 markets saw faster high-tech job growth in 2019 and 2020 than in the previous two years, including Toronto, Montreal, Dallas, and Charlotte. Toronto led the pack with a 26\% growth rate and 40,200 new jobs added, making it the top high-tech job growth market.

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What’s the unemployment rate in BC?

Economy showing signs of recovery British Columbia again saw the third-lowest unemployment rate of Canadian provinces last month. According to national statistics posted Friday, the rate in B.C. fell to 5.9 per cent in September, from 6.2 the month before.

What is the current unemployment rate in Vancouver BC?

Select your region:

Unemployment rate (\%) October 2020
Vancouver October 2020 9.7\%
North Coast & Nechako October 20207.9\%
Northeast October 20205.6\%
Thompson-Okanagan October 20208.1\%

Is Vancouver’s job market really a “hidden market”?

It’s true, Vancouver has had a “hidden” job market all this time — and if that term caused you to raise an eyebrow, don’t worry. We’ll explain everything. The hidden job market is a term used to describe the careers that aren’t publicly advertised.

Is it hard to find a job in Vancouver?

A booming startup and tech scene and a vibrant film industry—that’s Vancouver’s labor market in a nutshell. Finding a job as an expat in one of these industries is competitive, but not impossible. In fact, Vancouver will soon be facing a skills shortage, especially in technology.

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How will British Columbia’s job market look in 2029?

British Columbia is expected to have 861,000 job openings between 2019 and 2029. Over three-quarters of these vacancies will require some form of post-secondary education and some level of work experience. This means that the demand for trained workers will surpass the supply, and Vancouver will need skilled expats to fill these positions.

What are the job opportunities in Vancouver?

As mentioned above, Vancouver is expected to have over 800,000 job openings over the next decade in a lot of different industries such as biotechnology, natural resources, and healthcare.