Thompson-Okanagan Economic Region Workforce Insights

Key Insights

  • Employment decreased by 1,700 jobs from the previous month and increased by 17,600 jobs compared to the same month last year.
  • Full-time Employment decreased by 700 jobs from the previous month and increased by 14,600 jobs year-over-year.
  • Part-time Employment decreased by 1,000 jobs from the previous month and increased by 3,000 jobs year-over-year.
  • Unemployment decreased by 2,500 people from the previous month and increased by 9,000 people compared to the same month last year.

Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 700 jobs from last month and increased by 14,600 jobs compared to the same month last year.

Part-time Employment decreased by 1,000 jobs from last month and increased by 3,000 jobs year-over-year.

The number of Unemployed individuals decreased by 2,500 people from the previous month and increased by 9,000 people compared to last year.

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Employment, Unemployment, and Participation Rate

The Employment Rate increased by 2.9 percentage points from a year ago.

The Unemployment Rate increased by 2.2 percentage points from a year ago.

The Participation Rate increased by 4.5 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels decreased by 1,700 jobs from the previous month and increased by 17,600 jobs compared to the same month last year.

In the most recent month, employment decreased by 1,700 jobs. Over the last year, the labor market has increased by 17,600 jobs.

Top 3 Industries in Goods Sector

  • Construction: 34,300 workers.
  • Manufacturing: 20,800 workers.
  • Forestry, fishing, mining, quarrying, oil and gas: 9,200 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, Forestry, fishing, mining, quarrying, oil and gas, which together account for 90.8% of the sector's workforce.

Top 3 Industries in Services Sector

  • Wholesale and retail trade: 54,700 workers.
  • Health care and social assistance: 48,400 workers.
  • Professional, scientific and technical services: 26,300 workers.

In the Services sector, Wholesale and retail trade, Health care and social assistance, Professional, scientific and technical services lead employment, representing 52.2% of the sector's workforce.

Top 5 Industries by Change from Previous Month

  • Health care and social assistance: Change of 3,500 workers (increased by 7.8%).
  • Construction: Change of 3,200 workers (increased by 10.29%).
  • Educational services: Change of 2,300 workers (decreased by 10.45%).
  • Public administration: Change of 1,700 workers (decreased by 10.06%).
  • Transportation and warehousing: Change of 1,500 workers (decreased by 14.02%).

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

Top 5 Industries by Change from Same Month Last Year

  • Wholesale and retail trade: Change of 15,500 workers (increased by 39.54%).
  • Health care and social assistance: Change of 6,200 workers (decreased by 11.36%).
  • Finance, insurance, real estate, rental and leasing: Change of 6,100 workers (increased by 49.59%).
  • Agriculture: Change of 3,400 workers (increased by Inf%).
  • Professional, scientific and technical services: Change of 3,300 workers (increased by 14.35%).
  • Manufacturing: Change of 3,300 workers (decreased by 13.69%).

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: Construction, Manufacturing, Wholesale and retail trade, Professional, scientific and technical services, Health care and social assistance.

Local Workforce Insights

Key Local Labour Market Insights

  • Total local employment is 23,140 in October 2025, it reduced by 60 jobs from September and increased by 610 jobs year-over-year.
  • The local employment rate registered 53.0%. It declined of 0.1 percentage points from September and showed growth by 1.3 percentage points from same month last year.
  • Local unemployment rate is 6.5%. It rose by 0.2 percentage points month-over-month, and showed decline by 1.0 percentage points year-over-year.

Employment Trends

Total employment in October 2025 was 23,140, showing a slight decrease of 60. compared to October, employment levels increased by 610, demonstrating resilience.

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Employment Rate Dynamics

The employment rate reached 53.0% in October 2025. This represents a decline of 0.1 percentage points from September (53.1%). Year-over-year, the rate improved by 1.3 percentage points from 51.7%.

Unemployment Rate Trends

The unemployment rate was 6.5% in October 2025, up 0.2 percentage points from September. Compared to October last year (7.5%), the rate has decreased by 1.0 percentage points.

Employment: Regional vs Local Patterns

The strong correlation (0.84) between regional and local employment levels indicates very similar employment patterns at both geographic levels. This suggests that local employment closely follows regional trends.

Employment Rate: Regional vs Local Patterns

Employment rates show a strong correlation (0.83) between regional and local levels. This indicates strong alignment in workforce participation, suggesting that labor market conditions affect both areas similarly.

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of 0.15 shows a weak relationship. This points to distinct local unemployment dynamics, indicating that local unemployment follows its own distinct pattern.

Penticton consists of the following communities: Penticton, Okanagan-Similkameen D, Okanagan-Similkameen I, Okanagan-Similkameen F, Penticton 1 .

Monthly Local Workforce Trends

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

Penticton consists of the following communities: Penticton, Okanagan-Similkameen D, Okanagan-Similkameen I, Okanagan-Similkameen F, Penticton 1 .

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Local area

Employment Trends

Total employment in October 2025 was 23,140, showing a slight decrease of 60. compared to October, employment levels increased by 610, demonstrating resilience.

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

Employment Rate Dynamics

The employment rate reached 53.0% in October 2025. This represents a decline of 0.1 percentage points from September (53.1%). Year-over-year, the rate improved by 1.3 percentage points from 51.7%.

Unemployment Rate Trends

The unemployment rate was 6.5% in October 2025, up 0.2 percentage points from September. Compared to October last year (7.5%), the rate has decreased by 1.0 percentage points.

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

Employment Rate: Regional vs Local Patterns

Employment rates show a strong correlation (0.83) between regional and local levels. This indicates strong alignment in workforce participation, suggesting that labor market conditions affect both areas similarly.

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

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of 0.15 shows a weak relationship. This points to distinct local unemployment dynamics, indicating that local unemployment follows its own distinct pattern.

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

Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 700 jobs from last month and increased by 14,600 jobs compared to the same month last year.

Part-time Employment decreased by 1,000 jobs from last month and increased by 3,000 jobs year-over-year.

The number of Unemployed individuals decreased by 2,500 people from the previous month and increased by 9,000 people compared to last year.

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

Employment, Unemployment, and Participation Rate

The Employment Rate increased by 2.9 percentage points from a year ago.

The Unemployment Rate increased by 2.2 percentage points from a year ago.

The Participation Rate increased by 4.5 percentage points year-over-year.

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

Jobs Added or Lost by Month

Employment levels decreased by 1,700 jobs from the previous month and increased by 17,600 jobs compared to the same month last year.

In the most recent month, employment decreased by 1,700 jobs. Over the last year, the labor market has increased by 17,600 jobs.

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

Top 3 Industries in Goods Sector

  • Construction: 34,300 workers.
  • Manufacturing: 20,800 workers.
  • Forestry, fishing, mining, quarrying, oil and gas: 9,200 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, Forestry, fishing, mining, quarrying, oil and gas, which together account for 90.8% of the sector's workforce.

Top 3 Industries in Services Sector

  • Wholesale and retail trade: 54,700 workers.
  • Health care and social assistance: 48,400 workers.
  • Professional, scientific and technical services: 26,300 workers.

In the Services sector, Wholesale and retail trade, Health care and social assistance, Professional, scientific and technical services lead employment, representing 52.2% of the sector's workforce.

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

Top 5 Industries by Change from Previous Month

  • Health care and social assistance: Change of 3,500 workers (increased by 7.8%).
  • Construction: Change of 3,200 workers (increased by 10.29%).
  • Educational services: Change of 2,300 workers (decreased by 10.45%).
  • Public administration: Change of 1,700 workers (decreased by 10.06%).
  • Transportation and warehousing: Change of 1,500 workers (decreased by 14.02%).

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

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

Top 5 Industries by Change from Same Month Last Year

  • Wholesale and retail trade: Change of 15,500 workers (increased by 39.54%).
  • Health care and social assistance: Change of 6,200 workers (decreased by 11.36%).
  • Finance, insurance, real estate, rental and leasing: Change of 6,100 workers (increased by 49.59%).
  • Agriculture: Change of 3,400 workers (increased by Inf%).
  • Professional, scientific and technical services: Change of 3,300 workers (increased by 14.35%).
  • Manufacturing: Change of 3,300 workers (decreased by 13.69%).

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 December, 2025
Economic region

Conclusion

The overall employment trend is positive, with strong growth in the past year. Key industries driving the trend are: Construction, Manufacturing, Wholesale and retail trade, Professional, scientific and technical services, Health care and social assistance.

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

Employment rate Provincial Comparison

Among 84 small areas in British Columbia, Penticton ranks 57th with an employment rate of 53.0%. The provincial range is 43.9% to 67.8%, with half of areas between 51.6% and 59.2% (median: 55.5%).

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

Unemployment rate Provincial Comparison

Among 84 small areas in British Columbia, Penticton ranks 39th with an unemployment rate of 6.5%. The provincial range is 4.8% to 9.5%, with half of areas between 6.1% and 7.3% (median: 6.5%).

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

Thompson-Okanagan Economic region — Labour Market Outlook

Total Job Openings

Most Job Openings

Job openings and employment by occupation and industry for the period 2025-2035

Forecasted number of new job openings in the period 2025-2035

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Data source: Labour Market Analytics, Forecasting & Information

Forecasted employment in the period 2025-2035

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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 2025-2035

Data source: Labour Market Analytics, Forecasting & Information

BC workforce supply composition for the period 2025-2035

Forecasted number of new job market entrants in the period 2025-2035

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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.

Recruitment and Retention

Remote Work as Incentive

Anticipated to work remotely

Recruitment, Retention and Training Plans

Recruitment, Retention and Training Plans

Current or planned tasks regarding recruitment, retention and training over the next 12 months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of organizations planning to offer remote work (geography)

Percentage of organizations planning to offer remote work as for recruitment, retention and training over the next 12 months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of organizations planning to offer remote work (organization size)

Percentage of organizations planning to offer remote work as for recruitment, retention and training over the next 12 months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of organizations planning to offer remote work (organization type)

Percentage of organizations planning to offer remote work as for recruitment, retention and training over the next 12 months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Current or planned tasks regarding recruitment, retention and training - by business size

Organization's current or planned tasks regarding recruitment, retention and training in the next 12 months (Q1 2023)

Data source: Statistics Canada, Canadian Survey on Business Conditions

Current or planned tasks regarding recruitment, retention and training - by organization type

Organization's current or planned tasks regarding recruitment, retention and training in the next 12 months (Q1 2023)

Data source: Statistics Canada, Canadian Survey on Business Conditions

Current or planned tasks regarding recruitment, retention and training - by geography

Organization's current or planned tasks regarding recruitment, retention and training in the next 12 months (Q1 2023)

Data source: Statistics Canada, Canadian Survey on Business Conditions

Anticipated Work Arrangement in the Next Three Months

Anticipated Work Arrangement in the Next Three Months

Percentage of workforce anticipated to work on-site or remotely over the next three months, Q1 2023

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of workers anticipated to only work remotely (geography)

Percentage of workers anticipated to only work remotely over the next three months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of workers anticipated to only work remotely (organization size)

Percentage of workers anticipated to only work remotely over the next three months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of workers anticipated to only work remotely (organization type)

Percentage of workers anticipated to only work remotely over the next three months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Anticipated work arrangement - by business size

Percentage of workforce anticipated to work on-site or remotely over the next three months, Q1 2023

Data source: Statistics Canada, Canadian Survey on Business Conditions

Anticipated work arrangement - by organization type

Percentage of workforce anticipated to work on-site or remotely over the next three months, Q1 2023

Data source: Statistics Canada, Canadian Survey on Business Conditions

Anticipated work arrangement - by geography

Percentage of workforce anticipated to work on-site or remotely over the next three months, Q1 2023

Data source: Statistics Canada, Canadian Survey on Business Conditions