1000 Islands Region Workforce Development : Highlights of LLMP 2016 Eng
The Economic Region of Kingston-Pembroke (that encompasses Frontenac County) had an employment decline of 9,100 to 201,000 in 2015 which was its lowest in 12 years. Employment losses were entirely in the goods-producing sector, specifically in manufacturing and construction. However, employment in this region has grown 12,800 from the period of July 2015 to July 2016 due to the same factors that are positively influencing the manufacturing sector in Ontario. The unemployment rate for the Kingston Census Metropolitan Area fell toalowof5.7in2015. The economy in Frontenac County seems to be stable with modest growth projected. The Local Labour Market Planning (LLMP) Report is a very comprehensive and standalone document on the local labour market in the 1000 Islands Region. The complete report is a compilation of facts and figures together with community input. It outlines labour market trends and potential challenges in workforce development. It also provides an action plan that outlines activities and projects that community partners are undertaking to address some of the labour market challenges. The ultimate goal of workforce development is to build a “competitive, skilled and adaptable workforce to meet the needs of employers in a timely fashion.” It is through data analysis combined with practical insight and interpretation from community partners that will lead to the development of strategies and plans of action to reach this ultimate goal. This document outlines some of the highlights of the LLMP Report The entire report can be viewed at www.workforcedev.ca LLMP HIGHLIGHTS FRONTENAC COUNTY LEEDS & GRENVILLE Employment in the services-producing sector grew slightly in 2015, expanding for the sixth consecutive year. SERVICE-SECTOR GROWTH The goods-producing sector reversed some of the losses in employment in the two previous years with an increase of 1.4%. However, the provincial manu-facturing industry recorded a third consecutive year of employment losses. In 2016, the manufacturing industry is expected to benefit from the improvements south of the border, a weaker CAD, and depressed oil prices. GOODS-PRODUCING SECTOR IMPROVEMENT Investments in infrastructure are also expected to have a positive influence on Ontario’s economy and labour market. INFRASTRUCTURE The economy in the counties of Leeds and Grenville is thought to be more fragile and has not rebounded to the prosperity of the pre-recession levels prior to 2008. There continues to be significant out- flow of labour to other communities and a negative population growth. However, community partners and employers feel the economy has improved over the last year with a growth of sales and employment opportunities. In both counties, the number of businesses has increased, particularly in self-employed businesses. There has also been a growth in small businesses with employees that are creating employment opportunities. Outlook In 2016, Ontario’s large population and well-diversified economy are expected to help the province lead the country’s economic growth. The economy is forecast to strengthen as the U.S . economy continues to improve. While being cautiously optimistic the improving economic growth should create more opportunities in Ontario’s labour market going forward. ECONOMICS TRENDS AFFECTING AREA ECONOMIC INDICATORS Unemployment Rate Decreased Employment Increased The unemployment rate fell to 6.8% in 2015, decreasing for the third consecutive year and reaching its lowest since 2008. Employment rose by 45,300 in 2015, marking the province’s sixth consecutive yearly increase. Improvement is expected in both of these economic indicators for 2016.
LLMP 2015-2016 French
LLMP Oct 2016 French