There were a few issues of concern coming out of the new Census data from yesterday. I haven’t read the general press this morning so I don’t know if this is being addressed. I will address it here.
First, employment growth was well below the national average from 2001 to 2006. Nova Scotia and Newfoundland outperformed New Brunswick. However, this is particularly concerning when you think that almost all of the net employment growth was from publicly funded jobs (healthcare, etc.) and call centres. Everything else the growth was essentially nil. With call centre growth topping out and one would assume some restraint on public jobs, where will the employment come from over the next 10 years?
Beyond that, check out the growth in youth employment. Shocking. I had to recheck these numbers. The worst growth in the country in youth employment – by far. Even in the prime working years of 25-54 – very low growth compared to the national average. This is a harbinger of bad things to come. Also, check out the percentage increase in the median age of the employed workforce. New Brunswick and Nova Scotia saw the highest increase in the age of the employed workforce.
We desperately need more jobs and more young people to work in those jobs.
A second finding of interest. Only Newfoundland and Labrador has a lower percentage of university educated individuals in the population 15+. That doesn’t require any commentary.