Updated
Updated · abbynews.com · Jun 8
Abbotsford Unemployment Jumps to 8.4% After 1,400 Job Losses in May
Updated
Updated · abbynews.com · Jun 8

Abbotsford Unemployment Jumps to 8.4% After 1,400 Job Losses in May

1 articles · Updated · abbynews.com · Jun 8

Summary

  • Abbotsford’s unemployment rate climbed to 8.4% in May from 7.3% in April, the city’s highest reading in more than four years.
  • Statistics Canada said Abbotsford lost 1,400 jobs in May, extending its run of employment declines to three straight months.
  • The city’s employment rate fell 1 percentage point to 61.5%, its weakest level since February 2024.
  • B.C. moved the other way: the provincial unemployment rate held at 6.8% as employers added 25,200 jobs, lifting the employment rate to 60.5%.
  • Provincial officials tied that broader strength to construction, manufacturing and World Cup-related activity, even as they cited U.S. tariffs and the Iran war as external pressures.

Insights

Why is Abbotsford's job market collapsing while the rest of British Columbia is booming?
Can B.C.'s economic surge, fueled by FIFA and mega-projects, survive new U.S. tariffs?