2015: The Labour Market Year-in-Review with Christian Saint Cyr Publisher | BC Labour Market Report Nanaimo, BC Friday January 8, 2015 NORTHERN / CENTRAL VANCOUVER ISLAND 2015: The Labour Market Year-in-Review What industries are creating jobs in your community? and How has this changed in the past ten years? 2015: The Labour Market Year-in-Review THE FUTURE IS NOW: LABOUR SUPPLY THROUGH 2040 2015: The Labour Market Year-in-Review THE FUTURE IS NOW: PROJECTIONS FOR VANCOUVER ISLAND 2015: The Labour Market Year-in-Review THE FUTURE IS NOW: PROJECTIONS FOR VANCOUVER ISLAND 2015: The Labour Market Year-in-Review Service Sector: The key Service sector employers in Vancouver Island/Coast were: Wholesale and Retail Trade 15.6% of the regions employment Health Care and Social Assistance 13.9% of the regions employment Accommodation and Food Services 8.5% of the regions employment Public Administration 7.6% of the regions employment Professional, Scientific and Technical Services 7.2% of the regions employment 2015: The Labour Market Year-in-Review Goods Sector: Vancouver Island/Coast had the lowest share of employment in the Goods- producing sector among the regions (17%). However, the Construction industry was the third largest employer in the region, accounting for 8% of the regions employment. Despite the presence of major mines and mills in Vancouver Island/Coast, the Other Primary sector accounted for only 2% of the regions jobs. However, the influence of the forest sector can be seen in the Manufacturing industry, where wood processing is a significant activity. Other prominent Manufacturing activities in the region include food and beverage processing, ship and boat building, and high-tech equipment and components. 2015: The Labour Market Year-in-Review 2015 Major Projects Inventory 2015: The Labour Market Year-in-Review 2015 Major Projects Inventory 2015: The Labour Market Year-in-Review 2015 Major Projects Inventory 2015: The Labour Market Year-in-Review Labour Market Olympiad Nanaimo January 8, 2016 QUIZ 5 Points Per Correct Answer 2015: The Labour Market Year-in-Review What jobs are you most often helping people look for? and Does this differ from the jobs most often available? 2015: The Labour Market Year-in-Review GROWING OCCUPATIONS: VANCOUVER ISLAND VS. BRITISH COLUMBIA 2015: The Labour Market Year-in-Review GROWING OCCUPATIONS: UNIVERSITY DEGREE 2015: The Labour Market Year-in-Review GROWING OCCUPATIONS: COLLEGE / APPRENTICESHIP 2015: The Labour Market Year-in-Review GROWING OCCUPATIONS: HIGH SCHOOL / OCCUPATION TRAINING 2015: The Labour Market Year-in-Review GROWING OCCUPATIONS: ON-THE-JOB TRAINING 2015: The Labour Market Year-in-Review GROWING OCCUPATIONS: COMBINATION EXPERIENCE/EDUCATION 2015: The Labour Market Year-in-Review FACTORS IMPACTING JOB GROWTH ON VANCOUVER ISLAND 1.Total Number of NEW Jobs Being Created 2.Number of Jobs Being Created Due to Retirements 3.The Number of People Looking for Those Jobs 4.The Impact of Technology on Jobs 5.The Impact of Societal, Economic and Consumer Trends on the Job 2015: The Labour Market Year-in-Review FOR INSTANCE: TRUCK DRIVER 1.Total Number of NEW Jobs Being Created (15%) 2.Number of Jobs Being Created Due to Retirements (85%) 3.The Number of People Looking for Those Jobs (Info Inter.) 4.The Impact of Technology on Jobs (Logistics Technology) 5.The Impact of Societal, Economic and Consumer Trends on the Job (Consumer demands are expanding transportation) 2015: The Labour Market Year-in-Review SMALL BUSINESS: IMPACT ON JOBS 2015: The Labour Market Year-in-Review SMALL BUSINESS: SECTORS CREATING JOBS 2015: The Labour Market Year-in-Review SMALL BUSINESS: GROWTH SECTORS 2015: The Labour Market Year-in-Review Labour Market Olympiad Nanaimo January 8, 2016 QUIZ 10 Points Per Correct Answer 2015: The Labour Market Year-in-Review How is the construction sector in your community? and Which jobs do you think have the greatest potential? 2015: The Labour Market Year-in-Review BRITISH COLUMBIA CONSTRUCTION: SUMMARY A strong housing market across the last decade added to the stock, more than matching household formation and boosting future renovation demands. Renovation activity grows steadily to 2024, adding 16% to the workforce. Employment in new housing, after some recovery in 2015, declines to 2023, losing 11%. Residential construction employment rises 3% overall from 2014 to Across the scenario period, the housing recovery will be boosted by resource- led economic development and population growth. 2015: The Labour Market Year-in-Review MAJOR PROJECTS INVENTORY: JUNE 2015 This issue of the BC Major Projects Inventory lists 21 new proposed projects over $15 million for the second quarter of 2015, with available capital cost estimates totaling approximately $18.8 billion in potential new capital investment, if all the projects proceed. Twenty-one major projects started construction in the second quarter, with an estimated value of $975 million. The largest projects started are the Granville Bridge Neighbourhood Commercial Centre in Vancouver at $400 million, and the Port of Stewart Expansion - Phase 3 at a cost of $60 million. Twenty-four projects completed construction in the second quarter, with an estimated capital cost of approximately $10.2 billion. The largest project is the $4.8 billion Smelter Modernization Project in Kitimat, followed by the $3.3 billion 2015: The Labour Market Year-in-Review TRADES TRAINING: COMPARE AND CONTRAST 2015: The Labour Market Year-in-Review TRADES TRAINING: LINKING FOUNDATIONS WITH APPRENTICESHIPS 2015: The Labour Market Year-in-Review TRADES TRAINING: FOUNDATIONS AS PREPARATION 2015: The Labour Market Year-in-Review TRADES TRAINING: FOUNDATIONS AS PREPARATION 2015: The Labour Market Year-in-Review TRADES TRAINING: SOURCES OF FUNDING The Canada Student Grant program has been expanded. Currently, individuals from low- income families can gain a $250 a month grant on a 60-week study program. In B.C., the household income for low-income, one-person family is $23,647, while the Alberta figure is $23,978 and Manitoba's is $24,167. The program also provides $100 monthly for students from mid-income families with income ranges of $37,000 to $46,000 for the same provinces. The new Canada Apprenticeship Loan that can provide individuals registered in a Red Seal program with $4,000 in interest-free funds per technical training period for up to five periods of technical training. The federal government provides another $4,000 in a grant to successful journeymen who complete their training. 2015: The Labour Market Year-in-Review TRADES TRAINING: SOURCES OF FUNDING The Apprenticeship Incentive Grant is a taxable $1,000 cash grant that can be obtained for two years of training. However, the individual applying for the $2,000 in grant money must prove they have completed either the first or second year of an apprenticeship program. Those apprentices registered with the Industry Training Authority (ITA) of B.C. and needing time off to do classroom work can apply for unemployment insurance. The B.C. Access Grant for Labour Market Priorities was expanded last year to help students travel and study near post-secondary institutions, which provide skills in trades identified by the provincial government. Students can now receive up to $16,400 in non-repayable grants for studying in-demand trades such as heavy duty mechanic, carpentry, sheet metal, gas fitting, heavy equipment operation, iron work, and industrial mechanics. This grant also provides a provision for "unmet" financial requirements of up to $6,500 that other programs fail to cover. 2015: The Labour Market Year-in-Review TRADES TRAINING: SOURCES OF FUNDING Funding is also available for part-time studies. One of the lesser known programs is also the federal government's part-time study loan. While it doesn't cover living expenses, it can help pay books, tuition, transportation and child care. The part-time study grant program offers up to $1,200 a year to low-income individuals that qualify. The Thompson Rivers University, which also offers trade programs, has a WorkStudy program, where students (based on need) can supplement their incomes by working on campus. The rate is $10.45 per hour and often involves helping staff with projects. There is a limit of eight hours per week and participants can only earn up to $2,400 per academic year. At the B.C. Institute of Technology (BCIT), there is provincial funding available that covers tuition, books, and other associated costs under the Adult Upgrading Grant, if the individual enrols in a number of designated program. These include math and physics courses, as well as the institute's Technology Entry, Trades Discovery General and Trades Discovery Women courses. A complete list is available on the BCIT website under financial aid. 2015: The Labour Market Year-in-Review TRADES TRAINING: SOURCES OF FUNDING The amounts can be significant. Imperial Oil offers $5,000 that is available to a student entering a two-year instrumentation course with $2,500 paid each year. The Prince George Construction Association offers three bursaries for $1,000 and another four for $500. The Southern Interior Construction Association has the Howard Strong Scholarship Program, which offers 10 $1,000 scholarships to individuals for post-secondary education and/or training in construction. The Electro-Federation Canada and its member support funding of education of new students through awards and in 2015 earmarked $120,000 for scholarships across Canada for those seeking careers in the electrical industry. 2015: The Labour Market Year-in-Review Labour Market Olympiad Nanaimo January 8, 2016 QUIZ 15 Points Per Correct Answer 2015: The Labour Market Year-in-Review Can you remember any of the federal government promises? and How do you see employment programming changing? 2015: The Labour Market Year-in-Review COMPETITION: CATCHING UP WITH ALBERTA 2015: The Labour Market Year-in-Review COMPETITION: LONG-TERM UNEMPLOYMENT 2015: The Labour Market Year-in-Review BC JOBS PLAN: 4-YEAR PROGRESS REPORT 2015: The Labour Market Year-in-Review BC JOBS PLAN: 4-YEAR PROGRESS REPORT 2015: The Labour Market Year-in-Review BC JOBS PLAN: 4-YEAR PROGRESS REPORT 2015: The Labour Market Year-in-Review BC JOBS PLAN: 4-YEAR PROGRESS REPORT 2015: The Labour Market Year-in-Review LABOUR MARKET DEVELOPMENT AGREEMENT: 2015/2016 2015: The Labour Market Year-in-Review LABOUR MARKET DEVELOPMENT AGREEMENT: 2015/2016 2015: The Labour Market Year-in-Review LABOUR MARKET DEVELOPMENT AGREEMENT: 2015/2016 2015: The Labour Market Year-in-Review LABOUR MARKET DEVELOPMENT AGREEMENT: 2015/2016 2015: The Labour Market Year-in-Review NEW FEDERAL GOVERNMENT: ELECTION PROMISES Contribute $500 million more each year in provincial and territorial Labour Market Development Agreements to help those receiving Employment Insurance get vocational training. For those who do not qualify for Employment Insurance or are not currently employed, invest an additional $200 million in training programs led by the provinces and territories. Spend $50 million to renew and expand funding to the Aboriginal Skills and Employment Training Strategy, and provide $25 million each year for training facilities, delivered in partnership with labour unions. 2015: The Labour Market Year-in-Review NEW FEDERAL GOVERNMENT: ELECTION PROMISES A centrepiece of the Liberal platform is a renewed Youth Employment Strategy. This strategy calls for the creation of 40,000 good youth jobs, including 5,000 youth green jobs, each year for the next three years, by investing $300 million more in the initiative. The incoming government plans to more than double the almost 11,000 Canadians who access Skills Link each year. This program helps young Canadians, including Aboriginal and disabled youth, make a more successful transition to the workplace. After this initial three-year boost in funding, the government plans to set the renewed Youth Employment Strategys funding level at $385 million per year a $50 million increase from 2015/16. To support post-secondary students, the Liberal government has promised to invest $40 million each year to help employers create more co-op placements for students in science, technology, engineering, mathematics, and business programs. 2015: The Labour Market Year-in-Review NEW FEDERAL GOVERNMENT: ELECTION PROMISES Employers will also be able to save money when hiring young people over their older competitors. To encourage companies to hire young Canadians for permanent positions, the government will offer a 12-month break on Employment Insurance premiums. The Liberal platform plans to waive employer premiums for all those between the ages of 18 and 24 who are hired into a permanent position in 2016, 2017, or Apprenticeship may also see a boost under the new Liberal government. They promised to work with provinces, territories, and post-secondary institutions to develop or expand Pre- Apprenticeship Training Programs. This will provide up to $10 million per year to help young Canadians gain the skills they need to enter high-demand trades. Their strategy also calls for a restored Youth Service Program, which will spend $25 million per year to give young Canadians valuable work and life experience, and provide communities with the help required for much-needed projects. 2015: The Labour Market Year-in-Review NEW FEDERAL GOVERNMENT: ELECTION PROMISES Spend $50 million to renew and expand funding to the Aboriginal Skills and Employment Training Strategy, and provide $25 million each year for training facilities, delivered in partnership with labour unions. To help create innovative new jobs, invest $200 million more each year to support innovation and the use of clean technologies in the natural resource sectors, including the forestry, fisheries, mining, energy, and agricultural sectors. To help veterans re-enter the workforce, and to help expand Canadas skilled labour force, the plan to invest $80 million every year to create a new Veterans Education Benefit. This benefit will provide full support for the costs of up to four years of college, university, or technical education for Canadian Forces veterans after completion of service. 2015: The Labour Market Year-in-Review Labour Market Olympiad Nanaimo January 8, 2016 QUIZ 25 Points Per Correct Answer 2015: The Labour Market Year-in-Review WORKSHOP WRAP-UP Q&A