Alberta Index - LABOUR: Booming Calgary needs another 244,000 service professionals over the next 10 years

LABOUR: Booming Calgary needs another 244,000 service professionals over the next 10 years

(AlbertaIndex, January 30, Wednesday) – Calgary’s booming economy will need another 244,000 skilled workers over the next 10 years, said the Calgary Economic Development (CED). The professional services, health care, retail and construction sectors will create the most jobs followed by the accommodation and food services, transportation and warehousing, manufacturing, and wholesale trade industries.
The CED said it issued this special report providing detailed employment forecasts in response to the province’s recent rapid economic growth, and its pressing need for skilled labour. The report will help planners and companies develop strategies to help the province meet its skilled labour demand.

CED, through its program CalgaryWorks, commissioned consultants HDR Economics and RDA Global to develop the 10-year forecast of employment demand. The model was developed to generate a forecast of employment demand for the next 10 years, for each major occupation within each industry and key sector in Calgary.

“Providing timely information to the community on pertinent issues is one of our core mandates,” said Adam Legge, CED’s chief economist and vice president for research.

“The release of the Calgary Employment Demand Forecast 2007-2017, is an additional piece of labour related information that can help Calgary Region employers, institutions and individuals make decisions about workforce planning, resource allocations and career planning.

“The findings from the forecast indicate that over the next 10 years of healthy yet moderated growth, the region’s economy will demand an additional 244,000 jobs. Ensuring that the community is prepared to deliver those workers through increased access to education, employee retention efforts, improved technologies and increased immigrant recruitment and settlement will be vital to Calgary’s future economic success.”

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