Industry Training Authority Youth Day November 22 2017

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 1

BC’s LABOUR MARKET IN 2016 2

BC’s LABOUR MARKET PERFORMANCE 3

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% 4

EMPLOYMENT, BY INDUSTRY 2016 Health Care and Social Assistance 12. 3% Retail Trade 11. 8% Construction 8. 9% Professional, Scientific and Technical Services 8. 2% Accommodation and Food Services 7. 3% Manufacturing 7. 1% Educational Services 6. 9% 291, 600 280, 200 211, 300 195, 500 174, 200 170, 100 165, 000 Transportation and Warehousing 5. 8% Finance, insurance, real estate, rental and leasing 137, 900 5. 7% 135, 900 Information, Culture and Recreation 5. 3% Business, Building and Other Support Services 4. 4% Other services (except public administration) 4. 4% Public Administration 4. 4% Wholesale Trade 3. 8% 126, 600 104, 700 104, 600 103, 700 Mining and Oil and Gas Extraction 1. 3% 29, 800 Agriculture 1. 0% 24, 400 Forestry and logging and support activities forestry 0. 8% Utilities Fishing, Hunting and Trapping 0. 6% 89, 700 19, 400 13, 500 0. 1% 1, 600 SOURCE: LABOUR FORCE SURVEY 5

EMPLOYMENT CHANGE, BY INDUSTRY 2016 over 2015 Business, Building and Other Support Services 12. 0% Information, Culture and Recreation 10. 6% Agriculture 9. 9% Mining and Oil and Gas Extraction 8. 8% Public Administration 7. 9% Finance, insurance, real estate, rental and leasing 5. 7% Wholesale Trade 5. 7% Construction 4. 9% Retail Trade 4. 6% Professional, Scientific and Technical Services 3. 9% Health Care and Social Assistance 1. 5% Educational Services 1. 0% Fishing, Hunting and Trapping 0. 0% Forestry and logging and support activities forestry 0. 0% Other services (except public administration) -0. 5% Manufacturing -1. 4% Transportation and Warehousing -1. 5% Accommodation and Food Services Utilities -1. 9% -6. 9% SOURCE: LABOUR FORCE SURVEY 6

EMPLOYMENT, BY INDUSTRY OCTOBER 2017 Wholesale and retail trade 15. 3% Health care and social assistance 12. 5% Construction 9. 3% Professional, scientific and technical services 8. 0% Accommodation and food services 7. 3% Manufacturing 7. 2% Educational services 6. 9% Finance, insurance, real estate, rental and leasing 6. 5% Information, culture and recreation 5. 5% Transportation and warehousing 5. 5% Other services (except public administration) 4. 4% Public administration 4. 1% Business, building and other support services 4. 0% Forestry, fishing, mining, quarrying, oil and gas 1. 9% Agriculture Utilities 378, 100 310, 000 229, 600 198, 100 181, 000 177, 100 169, 900 160, 600 135, 400 108, 100 102, 100 99, 600 47, 100 1. 1% 26, 600 0. 5% 13, 200 SOURCE: LABOUR FORCE SURVEY CANSIM 282 -0007, Nov 3, 2017 7

EMPLOYMENT CHANGE, BY INDUSTRY Year-to-date 2017 (vs YTD 2016) Finance, insurance, real estate, rental and leasing 15. 7% Agriculture 10. 9% Other services (except public administration) 9. 9% Information, culture and recreation 8. 8% Construction 7. 9% Accommodation and food services 6. 1% Health care and social assistance 3. 2% Transportation and warehousing 2. 4% Manufacturing 2. 1% Wholesale and retail trade 0. 9% Professional, scientific and technical services 0. 5% Educational services -0. 1% Business, building and other support services -1. 2% Public administration -1. 4% Forestry, fishing, mining, quarrying, oil and gas Utilities -2. 4% -5. 2% SOURCE: LABOUR FORCE SURVEY CANSIM 282 -0007, Nov 3, 2017 8

AVERAGE HOURLY WAGES 2016 $29. 61 Alberta Saskatchewan $26. 81 $26. 15 Canada $25. 72 British Columbia $25. 26 Prince Edward Island $21. 87 $21. 11 8 Manitoba Alberta -$ 0. 16 . 2 9. 2 $0 $0 2 7 $0. 5 6 $0. 5 5 $0. 5 3 $0. 4 5 $0. 4 4 Ontario New Brunswick Prince Edward Island British Columbia Newfoundland Labrador New Brunswick $22. 79 Canada Nova Scotia $23. 54 $0. 6 Manitoba Quebec $24. 23 Nova Scotia Quebec $0. 7 $24. 24 Saskatchewan Newfoundland Labrador $0. 8 6 Ontario Change in average hourly wage rates: 2016/2015 9

WAGES ACROSS THE COUNTRY Average Hourly Wage Rate Change in Hourly Wage Oct. 2017 (Oct. 2016 to Oct. 2017) $ 25. 24 Newfoundland Labrador $ 25. 03 Manitoba $ 24. 34 Nova Scotia $ 23. 59 New Brunswick $ 22. 53 Prince Edward Island $ 22. 14 $ 0. 11 $ (0. 06) New Brunswick Quebec $ 0. 26 Saskatchewan $ 26. 22 Nova Scotia British Columbia $ 0. 42 $ 0. 39 Ontario $ 26. 46 $ 0. 62 Newfoundland Labrador Canada $ 0. 73 Canada $ 26. 61 $ 0. 79 Manitoba Ontario $ 0. 86 British Columbia $ 27. 24 Quebec Saskatchewan $ 1. 09 Prince Edward Island $ 30. 58 Alberta 10

REGIONAL REVIEW October Data (Year-to-Date Change) Labour Force Employed YTD % change Unemployed YTD % change Northeast-3. 1% -0. 7% -27. 4% North Coast -1. 7% and Nechako -0. 3% -18. 9% Cariboo +4. 7% Mainland-Southwest Vancouver Island Coast +13. 2% +9. 6% Kootenay Thompson-Okanagan +4. 0% +4. 4% +1. 9% +5. 6% +9. 9% +5. 3% +2. 8% +6. 6% +6. 5% -2. 9% -13. 2% -10. 9% 11 Source: Labour Force Survey, Nov 3, 2017

SHARE OF EMPLOYMENT, BY REGION Lower Mainland - Southwest 2011 2016 Vancouver Island Coast 16% 15% 62% 65% 11% 10% Thompson - Okanagan Cariboo 4% 3% Kootenay 3% 3% North Coast & Nechako 2% 2% Northeast 2% 2% u About 90% of total BC employment in 2016 was in three regions 12

1537. 3 1, 600 Lower Mainland-Southwest 1, 400 1, 200 Thousands 1, 800 100 90 86. 2 1, 000 Kootenay 51. 4 North Coast and Nechako 50 800 0 308. 6 200. 9 Vancouver Island Coast 366. 5 30 39. 1 32. 3 Northeast 20 Thompson-Okanagan 248. 3 10 0 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 200 42. 1 40 600 400 67. 4 65. 7 1068. 5 60 78. 8 Cariboo 80 70 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Thousands REGIONAL EMPLOYMENT GROWTH 1996 -2016 13

BC’s CHANGING DEMOGRAPHICS Share of population by age group 1976 55 years and over 24% 13 ppt 37% 1976 51% 2011 51% 55 years and over 2011 15% 2016 15% 11% 18% 25 to 54 years 62% 67% 2011 64% 2016 27% 1976 10 ppt 15 to 24 years 11 ppt 22% 1976 25% 1976 2011 2016 48% 2016 15 to 24 years 1976 33% 2011 2016 25 to 54 years Share of labour force by age group 2011 15% 2016 15% 12 ppt 14

Postsecondary and university 61. 7% 61. 4% Some postsecondary, high school and below 38. 6% 2016 39. 7% 60. 3% EDUCATIONAL ATTAINMENT SHARE OF LABOUR FORCE 2016 +35, 900 +38, 800 Some postsecondary and lower (labour force) Postsecondary & university (labour force) +2. 6% 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 +3. 8% 15