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Industry Training Authority Youth Day

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Presentation on theme: "Industry Training Authority Youth Day"— Presentation transcript:

1 Industry Training Authority Youth Day
November 22, 2017 Jeremy Higgs Executive Director & Chief Labour Market Economist Labour Market Information Office BC Ministry of Advanced Education, Skills and Training

2 BC’s LABOUR MARKET IN 2016

3 BC’s LABOUR MARKET PERFORMANCE

4 2017 Year-to-Date Full-time Part-time Total +71,310 +14,820 +86,110
BC’s LABOUR MARKET PERFORMANCE 2017 Year-to-Date January to October Full-time Part-time Total +71,310 +14,820 +86,110 3.83% 2.88% 3.63%

5 EMPLOYMENT, BY INDUSTRY 2016
SOURCE: LABOUR FORCE SURVEY

6 EMPLOYMENT CHANGE, BY INDUSTRY 2016 over 2015
SOURCE: LABOUR FORCE SURVEY

7 EMPLOYMENT, BY INDUSTRY
OCTOBER 2017 SOURCE: LABOUR FORCE SURVEY CANSIM , Nov 3, 2017

8 EMPLOYMENT CHANGE, BY INDUSTRY Year-to-date 2017 (vs YTD 2016)
SOURCE: LABOUR FORCE SURVEY CANSIM , Nov 3, 2017

9 AVERAGE HOURLY WAGES 2016

10 Average Hourly Wage Rate
WAGES ACROSS THE COUNTRY Average Hourly Wage Rate Oct. 2017 Change in Hourly Wage (Oct to Oct. 2017)

11 Labour Force Employed Unemployed
REGIONAL REVIEW October Data (Year-to-Date Change) Labour Force Employed Unemployed YTD % change YTD % change YTD % change Northeast North Coast and Nechako Cariboo Kootenay Thompson-Okanagan Mainland-Southwest Vancouver Island and Coast Source: Labour Force Survey, Nov 3, 2017

12 About 90% of total BC employment in 2016 was in three regions
SHARE OF EMPLOYMENT, BY REGION 2011 2016 About 90% of total BC employment in 2016 was in three regions

13 REGIONAL EMPLOYMENT GROWTH

14 BC’s CHANGING DEMOGRAPHICS
1976 2011 2016 1976 2011 2016 11 ppt 13 ppt 1976 2011 2016 1976 2011 2016 1976 2011 2016 1976 2011 2016 10 ppt 12 ppt

15 Some postsecondary and lower Postsecondary & university
EDUCATIONAL ATTAINMENT SHARE OF LABOUR FORCE +38,800 +2.6% +35,900 +3.8% 2016 Some postsecondary and lower (labour force) Postsecondary & university (labour force)

16 Labour Market Outlook Highlights

17 ITA Trades Occupations: Demand

18 Emerging Themes Demographics Job Quality Automation
Skills and Competencies 9/19/2017

19 Automation

20 Skills, Competencies and Worker Characteristics
Red font: identified as key skills by 2020 in World Economic Forum CEO survey

21 Career Ladders/Lattices


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