Workforce Attraction
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- Emil Blaise Parrish
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1 labour market 59
2 Workforce Attraction Ranking of 150 global cities Calgary ranked in the global Top 10 Most Attractive Cities for Workers Financial (salary levels, living costs, taxes) + Lifestyle (quality of living, social benefits) AIRINC, Global 150 Scorecard, March
3 Key Stats Of 8 peer cities assessed, Calgary has the highest level of educational attainment. - Deloitte, Benchmarking Calgary s Competitiveness, 2015 Calgary has the highest labour force productivity and labour force participation of major Canadian cities. - The Conference Board of Canada and Statistics Canada, 2016/2017 Calgary has the highest proportion of STEM graduates of major Canadian cities. - Census 2016, Statistics Canada Calgary has the highest millionaires per capita of major Canadian cities. - Statistics Canada, 2015 Calgary has the highest number of engineers and geoscientists per capita of major Canadian cities. - Statistics Canada, 2016 Calgary is ranked as a top tech talent market in Canada. - Scoring Canadian Tech Talent, CBRE,
4 Labour Demand ICT is outpacing all job growth by 4:1. Canada will need to fill 182,000 ICT professional positions by 2019 (17,300 for Alberta). - ICTC, Labour Market Outlook, Finance, Insurance, Real Estate and Leasing will grow by 1.6% annually, reaching 4.8% of total employment in 2019 and gain 68,100 jobs by Government of Alberta, 2016; Statistics Canada, 2016 Manufacturing accounts for 6.1% of total employment in Alberta, employment will grow by 1.1% annually and account for 6.5% of total employment by Government of Alberta, 2016 The Logistics sector in Alberta will grow by about 7,470 workers from 2016 to APGC, 2016 Oil and Gas will have 28,025 to 36,240 net hiring requirements in Canada from 2017 to PETROLMI/ENFORM, 2016 Clean Tech (including Renewables) will employ anywhere from 76,000 to 100,000 Canadians directly by 2022, up from 55,600 jobs in Analytica Advisors, 2016 Agriculture will need to fill 23,300 potential jobs in Alberta by AgriLMI CAHRC,
5 Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Calgary CMA Historical Unemployment Rate 12% Cycle highs and lows 10.2% 10% 8.9% 7.5% 8% 7.8% 6% 4.6% 4.5% 4% 3.1% 2% Source: Statistics Canada 0%
6 Unemployment Rate Across Canada 12% 10.2% 10% 8% 7.8% 7.8% 7.6% 7.6% 6% 6.9% 6.9% 6.2% 5.9% 5.8% 6.8% 6.6% 6.8% 5.9% 5.1% 4% 4.2% 2% 0% Vancouver Edmonton Calgary Toronto Ottawa Montreal Saskatoon Canada November 2016 November 2017 Source: Statistics Canada 64
7 Youth Unemployment Rate Across Canada (Ages: 15 to 24 Years) 25% 20% 19.1% 15% 10% 10.7% 13.4% 16.3% 14.5% 14.8% 13.9% 13.8% 12.9% 12.9% 11.8% 11.6% 11.5% 11.6% 11.6% 11.5% 11.2% 11.5% 8.0% 7.4% 5% 0% Vancouver Edmonton Calgary Regina SBskatoon Winnipeg Toronto Ottawa Montreal Canada November 2016 November 2017 Source: Statistics Canada 65
8 76% 74% Labour Force Participation Rate Across Canada 74.6% 73.2% 73.0% One of the highest labour force participation rates in Canada 72% 71.5% 71.2% 70% 70.0% 69.0% 68% 66% 65.9% 66.9% 66.4% 66.0% 67.6% 66.5% 67.3% 65.7% 65.7% 64% 62% 60% Vancouver Edmonton Calgary Saskatoon Toronto Ottawa Montreal Canada November 2016 November 2017 Source: Statistics Canada 66
9 Growth Rate Labour Force Growth Across Canada 30% 25% 20% 19.2% 28.4% 25.7% 24.9% 16.5% The employed are persons having a job or business, whereas the unemployed are without work, are available for work, and are actively seeking work. Together the unemployed and the employed constitute the labour force. Persons not in the labour force are those who, during the reference period, were unwilling or unable to offer or supply labour services under conditions existing in their labour markets (this includes persons who were full-time students currently attending school). 15% 13.4% 11.4% 11.4% 11.5% 10% 9.8% 9.2% 9.3% 7.3% 6.5% 5% 0% 4.0% 3.9% 2.8% 2.2% 0.5% 2.7% 0.9% 0.8% Vancouver Edmonton -0.7% Calgary SBskatoon Toronto Ottawa Montreal Canada -0.5% -5% 12-Month Labour Force Growth 5-Year Labour Force Growth 10-Year Labour Force Growth Source: Statistics Canada, November
10 Growth Rate Employment Growth Across Canada 25% 23.5% 20% 19.4% 20.0% 19.8% 17.4% 15% 13.1% 10% 7.0% 8.2% 10.8% 10.3% 8.2% 8.1% 11.8% 9.0% 5% 3.8% 2.9% 2.0% 0.6% 3.8% 1.8% 2.4% 1.5% 5.1% 0% -0.1% -5% Vancouver Edmonton Calgary Saskatoon Toronto Ottawa Montreal Canada 12-Month Employment Growth 5-Year Employment Growth 10-Year Employment Growth Source: Statistics Canada, November
11 Annual Employment Growth 6.0% 4.0% 2.0% 4.4% 3.8% 3.7% 2.9% 4.0% 3.4% 2.0% 0.6% 2.6% 3.8% 4.1% 2.8% 3.3% 3.0% 3.2% 2.4% 2.1% 2.1% 0.0% -0.1% -2.0% -1.9% -1.4% -4.0% -6.0% -4.3% -8.0% -7.2% -10.0% -12.0% -14.0% -13.3% -16.0% Vancouver Edmonton Calgary Saskatoon Toronto Ottawa Montreal Canada Total Employment Growth Rate Full-Time Employment Growth Rate Part-Time Employment Growth Rate Source: Statistics Canada, November November
12 Calgary CMA Employment by Industry Accommodation and Food Services 64, % Information, Culture and Recreation 34, % Other Services 32, % Public Administration 30, % Agriculture 4, % Forestry, Fishing, Mining, Quarrying, Oil and Gas 47, % Utilities 8, % Construction 80, % Manufacturing 36, % Diverse employment Health Care and Social Assistance 84, % Educational Services 54, % Wholesale & Retail Trade 125, % Business, Building and Other Support Services 35, % Professional, Scientific Finance, Insurance, Real and Technical Services Estate and Leasing 90,800 40, % 4.9% Transportation and Warehousing 55, % Source: Statistics Canada, November
13 Calgary Historical Employment by Industry Non-Commercial Services (14.9%) Non-Commercial Services (17.4%) Total Employment: 368,493 Business Services (10.2%) Personal Services (12.0%) Construction (5.6%) Business Services (14.4%) Wholesale and Retail Trade (17.3%) Wholesale and Retail Trade (14.1%) Personal Services (14.0%) Total Employment: 803,625 Primary and Utilities (11.3%) Construction (9.4%) Information and Cultural Industries (2.8%) Transportation and Warehousing (5.6%) Manufacturing (8.0%) Finance, Insurance and Real Estate (6.7%) Public Administration and Defence (5.4%) Primary and Utilities (8.2%) Transportation and Warehousing (6.9%) Manufacturing (5.7%) Finance, Insurance and Real Estate (5.5%) Public Administration and Defence (2.9%) Information and Cultural Industries (1.7%) Source: Conference Board of Canada,
14 GDP per Employee $160,000 $140,000 Labour Force Productivity $140,800 Most productive workforce in Canada $120,000 $110,771 $100,000 $95,024 $102,064 $102,510 $92,499 $94,395 $80,000 $81,983 $60,000 $40,000 $20,000 $0 Vancouver Edmonton Calgary Saskatoon Toronto Ottawa Montreal Canada Source: Conference Board of Canada,
15 Calgary CMA Average Overall Hourly Wages by Industry All Industries Agriculture, forestry, fishing and hunting Mining, quarrying, and oil and gas extraction Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information and cultural industries Finance, insurance, real estate and leasing Professional, scientific and technical services Management of companies and enterprises Administrative and support, waste management and Educational services Health care and social assistance Arts, entertainment and recreation Accommodation and food services Other services Public administration n/a n/a $30.57 $47.22 $44.25 $32.83 $28.52 $32.93 $19.54 $27.27 $33.84 $32.24 $39.58 $24.06 $34.36 $31.58 $20.25 $15.57 $22.62 $39.87 $0.00 $10.00 $20.00 $30.00 $40.00 $50.00 Source: Statistics Canada,
16 BC AB SK MB ON QC NB NS PEI NL Canada Average Weekly Earnings Average Weekly Earnings Across Canada and Growth Rates $1, % $1,200 $1, % $1, % 3.2% $ % 3.7% $1, % $ % $ $ $892.49$ % $1, $ % 3.0% $800 $ % $ % 2.0% 1.0% 0.0% Growth Rate $ % $ % $0-2.4% -3.0% Average Weekly Earnings Growth Rate Over Previous Year Source: Statistics Canada, September
17 Average Wages and Salaries Across Canada $80,000 $74, % $70,000 $60,000 $50,000 $46,857 $63, % $51, % $53, % $52, % $45, % 1.5% 1.0% 0.5% $40, % 0.0% $30, % -0.5% $20, % $10, % -1.5% $0 Vancouver Edmonton Calgary Saskatoon Toronto Ottawa Montreal -2.0% 2017F Average Wages and Salaries per Employee 2016 Growth Rate Source: Conference Board of Canada,
18 Average Wages and Salaries Growth Rates Across Canada 40% 35% 35.3% 30% 25% 22.7% 20% 19.1% 18.7% 20.6% 15% 13.2% 13.7% 14.3% 10% 7.2% 7.4% 9.9% 7.0% 7.6% 7.6% 9.2% 5% 3.2% 0% Vancouver Edmonton Calgary Saskatoon Toronto Ottawa Montreal Canada 5-Year Total Growth Rate ( ) 10-Year Total Growth Rate ( ) Source: Conference Board of Canada,
19 Personal Income per Capita Personal Income per Capita Across Canada $75, % $65, % $63, % 5.5% $55,000 $45,000 $35,000 $25,000 $46, % $54, % 2.5% 3.6% $48,738 $47,110 $49, % 1.2% 1.3% 3.1% 3.3% $43,255 $46, % 2.1% 4.5% 3.5% 2.5% 1.5% 0.5% Growth Rate -0.5% $15, % $5, % -2.2% -1.5% -2.5% -$5,000 Vancouver Edmonton Calgary Saskatoon Toronto Ottawa Montreal Canada -3.5% Current Personal Income per Capita Previous-Year Growth Rate Current-Year Growth Rate Source: Conference Board of Canada,
20 Personal Income per Capita Growth Rates Across Canada 30% 26.4% 26.1% 25% 24.4% 23.5% 21.3% 20% 19.2% 18.1% 18.6% 15% 13.3% 10% 8.6% 10.6% 10.0% 11.3% 7.1% 6.8% 5% 4.5% 0% Vancouver Edmonton Calgary Saskatoon Toronto Ottawa Montreal Canada 5-Year Total Growth Rate ( ) 10-Year Total Growth Rate ( ) Source: Conference Board of Canada,
21 Millionaires Per Capita Across Canada % increase over 2014 Millionaires in Calgary reported a median income of $1.57 million in Vancouver Edmonton Calgary Toronto Ottawa Montreal Canada 2013 Millionaires Per Capita (per 100,000 population) 2014 Millionaires Per Capita (per 100,000 population) 2015 Millionaires Per Capita (per 100,000 population) Taxfiler data released on a 2 year lag to current year. Source: Statistics Canada, 2015, Per 100,000 Population 79
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