Now that we’re a few weeks into 2016, you’re thinking, time for a new job, and maybe a change of scenery. We’ve got you covered.
A report card issued by BMO looked at the Canadian cities with the healthiest job markets, based on job growth, population, unemployment rates and employment rates, and they’ve issued a ranking.
Just as a matter of perspective, as you’re going down the list, right now the average employment rate in Canada is sitting at 61.2%.
With that in mind, these 10 places are your best bet for work in Canada this year.
10. Winnipeg, Manitoba.
Annual population growth: 1.5%
Annual employment growth: 2.4%
Unemployment rate: 6.1% (up 0.4 percentage points in a year)
Employment rate 60.3%
9. London, Ontario.
Annual population growth: 0.9%
Annual employment growth: 3.8%
Unemployment rate: 6.2% (down 1.1 percentage points in a year)
Employment rate: 60.3%
8. Kingston, Ontario.
Annual population growth: 0.8%
Annual employment growth: 6.5%
Unemployment rate: 6.5% (down 0.2 percentage points in a year)
Employment rate: 61%
7. Toronto, Ontario.
Annual population growth: 1.7%
Annual employment growth: 4.7%
Unemployment rate: 7% (down one percentage point in a year)
Employment rate: 62.6%
6. Edmonton, Alberta.
Annual population growth: 2.3%
Annual employment growth: 3.7%
Unemployment rate: 6.2% (up 1.4 percentage points in a year)
Employment rate: 69.8%
5. Vancouver, British Columbia.
Annual population growth: 1.9%
Annual employment growth: 4.2%
Unemployment rate: 5.7% (down 0.3 percentage points in a year)
Employment rate: 62.3%
4. Moncton, New Brunswick.
Annual population growth: 1.3%
Annual employment growth: 6.3%
Unemployment rate: 6.2% (down down 0.6 percentage points in a year)
Employment rate: 63.9%
3. Quebec City, Quebec.
Annual population growth: 0.7%
Annual employment growth: 4.7%
Unemployment rate: 4.9% (down 0.5 percentage points in a year)
Employment rate: 66.3%
2. Regina, Saskatchewan.
Annual population growth: 2%
Annual employment growth: 1.1%
Unemployment rate: 4.5% (up 0.5 percentage points in a year)
Employment rate: 69.8%
And last, but not least:
1. Guelph, Ontario.
Annual population growth: 1.2%
Annual employment growth: 9.1%
Unemployment rate: 4.2% (down 0.9 percentage points in a year)
Employment rate: 72%
Courtesy of BMO
