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SouthGrow's population has been steadily increasing, creating stability in the region. SouthGrow's demographics point to a young and vibrant population. According to Statistics Canada and Alberta Advanced Education, over half of SouthGrow's population over the age of 20 has some post-secondary qualifications or is in the process of attaining them. In terms of post-secondary education, the top three areas of qualifications are engineering and applied science technology and trades; commerce, management and business administration; and health sciences and technologies. The region has a young and ready supply of trained labour force that can help employers in the region. The unemployment rate in the region in 2006 was 4.2% compared to 5.0% in 2001 (Statistics Canada, 2006 & 2001). SouthGrow's labour force is shifting towards greater participation in Health Care and Social Assistance, Retail Trade, and Agriculture and Forestry, all areas signaling growth in the region.
|Annual Labour Force Characteristics||2006||2016|
|Population: 15+ (000s)||102.4||156.5|
|Labour Force: 15+ (000s)||70.7||93.4|
|Employment: 15+ (000s)||67.8||65.4|
|Unemployment: 15+ (000s)||2.9||2.8|
|Participation Rate: 15+ (%)||69||70|
|Unemployment Rate: 15+ (%)||4.2||5|
|Employment Rate: 15+ (%)||66.2||64.6|
|Participation Rate - Age Group: 15 - 24 (%)||73.2||70.2|
|Unemployment Rate - Age Group: 15 - 24 (%)||7.1||10.2|
|Employment Rate - Age Group: 15 - 24 (%)||68||63.1|
Source: Statistics Canada Census, 2001 and 2006
Statistics Canada cautions the reader that the regional labour force data may be subject to large year-to-year fluctuations, especially for the smaller regions, for the following reasons. First, there are no population control totals for special geographies such as these regions. Second, some of the smaller regions have small sample size, leading to greater volatility in the estimates. Third, Statistics Canada periodically redesigns its survey methodology; the latest redesign was done in 2005. Because of these data problems, Census data for 2001 and 2006 were used for all indicators for the smaller regions, and data for these indicators for the other years are not included.
NOTES: Annual Labour Froce Characteristics - Drawn from Statistics Canada's Labour Force Survey (LFS). The LFS is the source of current, monthly, and annual estimated of total employment (including self-employment) and unemployment. Allocating existing LFS respondents to Economic Indicator Regions results in insufficient data for certain regions (i.e. insufficient sample sizes).
LABOUR FORCE: Persons who are 15 years or over that were not institutional residents that were either employed or unemployed for the year. Labour Force = Employed + Unemployed.
PARTICIPATION RATE: Number of persons from the Labour Force expressed as a percentage of the population aged 15 years and over. Prticipation Rate = (Labour Force/Population 15 years and over)*100.
UNEMPLOYMENT RATE: Number of unemployed persons expressed as a percentage of the labour force. Unemployment Rate = (Unemployed/Labour Force)*100.
EMPLOYMENT RATE: Number of employed persons expressed as a percentage of the population 15 years of age and over. Employment Rate = (Employed/Population 15 years and over)*100.
The Province of Alberta has various initiatives that provide assistance with labour:
Opportunities in SouthGrow Communities are available for review:
… Creating Opportunities through a dynamic, qualified workforce