Year end review: In 2015, the labour market in the Calgary Economic Region (CER) gained 22,200 in total employment, 13,700 of them in full-time positions and 8,600 in part-time. The industries that added the most jobs were Health care and social assistance (+16,000), Transportation and warehousing (+9,200) and Trade (+6,000) and Information, culture and recreation (+6,000). The industries that saw the most job cuts were Construction (-8,900), Professional, scientific and technical services (-7,100), and Mining, oil and gas (-5,500).
This month highlights: The seasonally unadjusted 3-month moving-average for the CER in December 2015 was as follows:
Over the past ten years, Calgary’s job market was the envy of the nation. People from other regions and provinces came in large numbers to work in the energy and related industries. Compared to the sharp fluctuations in total employment growth, the working age population in the CER grew at a relatively stable rate over the years (Chart 2). With the recent collapse of energy prices, total employment growth in the CER slowed dramatically, and may dip into negative territory in the months to come. Nonetheless, working age population in Calgary is still expected to grow, albeit at a lower rate.