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Calgary & Area Labour Market Report

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Calgary & Area Labour Market Report Calgary & Area Labour Market Report First Quarter 2008 Alberta Employment and Immigration Calgary & Area Labour Market Report – First Quarter 2008 TABLE OF CONTENTS Introduction .....................................................................................................4 Organization of the Report............................................................................................... 4 Executive Summary........................................................................................5 The Economy.................................................................................................12 Global Economy............................................................................................................. 12 U.S. Economy................................................................................................................ 13 Canadian Economy........................................................................................................ 16 Contributory Influences ................................................................................................................................. 17 Alberta Economy............................................................................................................ 20 Contributory Influences ................................................................................................................................. 21 Calgary Region Economy .............................................................................................. 27 Contributory Influences ................................................................................................................................. 27 Trends in the Labour Market .......................................................................31 Canada .......................................................................................................................... 31 Q1 2008 ......................................................................................................................................................... 31 Alberta ........................................................................................................................... 34 Q1 2008 ......................................................................................................................................................... 34 Calgary Census Metropolitan Area (CMA)..................................................................... 37 Q1 2008 ......................................................................................................................................................... 37 Community Profiles ......................................................................................39 City of Airdrie ................................................................................................................. 39 Population ...................................................................................................................................................... 39 Education ....................................................................................................................................................... 40 Labour Force ................................................................................................................................................. 41 Housing .......................................................................................................................................................... 42 Airdrie News .................................................................................................................................................. 42 Other Communities in the Calgary Region..................................................................... 43 Housing .......................................................................................................................................................... 43 Inventory of Projects ..................................................................................................................................... 45 Community News .......................................................................................................................................... 47 Calgary & Area Employer Survey ...............................................................49 Summary of Q1 2008 Survey Results: Companies with 100+ Employees..................... 49 Company Profiles .......................................................................................................................................... 49 Recruitment.................................................................................................................................................... 49 Retention........................................................................................................................................................ 50 Supplemental Question................................................................................................................................. 50 Labour Market Information Review.............................................................95 Labour Market News Highlights ..................................................................................... 95 Volume 10. Issue 1. January 2008 .............................................................................................................. 95 Volume 10. Issue 2. February 2008............................................................................................................. 95 Volume 10. Issue 3. March 2008 ................................................................................................................. 96 Employer Labour Market News Highlights..................................................................... 96 Volume 3. Issue 1. January 2008................................................................................................................. 96 Volume 3. Issue 2. March 2008.................................................................................................................... 97 Job Ad Analysis ............................................................................................................. 98 Alberta Employment and Immigration 2 Calgary & Area Labour Market Report – First Quarter 2008 Job Bank ........................................................................................................................................................ 98 Calgary Herald classifieds ............................................................................................................................ 99 Monster.ca ................................................................................................................................................... 101 Appendix A ..................................................................................................103 Survey Methodology .................................................................................................... 103 Vacant Positions by Industry........................................................................................ 103 Disclaimer Alberta Employment and Immigration has made every effort to ensure that the information contained in this report is reliable, but makes no guarantee of its accuracy or completeness. The user of any information in this report accepts full responsibility and risk of loss resulting from decisions made by the user. Statistics Canada information is used with the permission of Statistics Canada. Users are forbidden to copy the data and redisseminate them, in an original or modified form, for commercial purposes, without permission from Statistics Canada. Information on the availability of the wide range of data from Statistics Canada can be obtained from Statistics Canada's Regional Offices, its World Wide Web site at www.statcan.ca, and its toll-free access number 1-800-263-1136. Alberta Employment and Immigration 3 Calgary & Area Labour Market Report – First Quarter 2008 INTRODUCTION Alberta Employment and Immigration provides career and labour market information products and resources, with both a provincial and local/regional focus, in order that Albertans have the skills, supports and information they need to succeed in the labour market. This report provides labour market information and analysis for use by Albertans in learning about the labour market and career planning; by employers and industry for use in understanding and addressing labour market issues; and by the Alberta Employment and Immigration Calgary Region for use in strategic planning for programs and services. ORGANIZATION OF THE REPORT This report contains the following information: Economic Overview – The Calgary regionʼs economy is influenced by global economic conditions, and by economic drivers in the Canadian economy and elsewhere in Alberta. This section provides information on economic activity in the first quarter of 2008, as well as outlooks (where available) for the global, U.S., Canada, Alberta and Calgary region economies. Trends in the Labour Market – This section examines labour market information for Canada, Alberta and the Calgary Census Metropolitan Area (CMA). The information provided in this section is based upon Statistics Canadaʼs Labour Force Survey. Community Profiles – This section highlights some of the happenings in the first quarter of 2008 in the
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