City of Surrey's 2023 Annual Financial Report

STATISTICAL REVIEW

Unemployment Rates (as of December 2023) Unemployment Rates*

Source: Statistics Canada, Labour Force Survey

Metro Vancouver*

British Columbia

8%

7%

6%

5%

4%

3%

2%

1%

0%

2019

2020

2021

2022

2023

*Metro Vancouver includes Anmore, Belcarra, Bowen Island, Burnaby, Coquitlam, Delta, Langley (City and Township), Lions Bay, Maple Ridge, New Westminster, North Vancouver (City and District), Pitt Meadows, Port Coquitlam, Port Moody, Richmond, Surrey, Vancouver, West Vancouver, White Rock, and Electoral Area A

Full Time Equivalent Employees

Full-Time Equivalent* Employees (as of December 31, 2023)

Source: City of Surrey Corporate Services Department

3,500

3,179

3,000

2,964

2,848

2,500

2,598

2,477

2,000

1,500

1,000

500

0

2019

2020

2021

2022

2023

*Full-time equivalent (FTE)—A term expressing the amount of time for which a position has been budgeted in relation to the amount of time a regular full-time employee normally works in a year. Most full-time employees (1.00 FTE) are paid for either 1,820 or 1,950 hours in a year, depending on their staffing position requirements.

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