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Area of Impact

Workforce

Indicator

Workforce Sufficiency

Integrated Policy & Action Areas

C5.1

Economic Capital

C5.2

Human, Social, & Environmental Capital

C5.3

Business Development

C5.4

Innovation & Technology

Reporting Period Data

Period Score
2016 95%
2017 95%
2018 94%
2019 94%
2020 94%
2021 94%
2022 93%
2023 94%

Sustainability End Goal

There is a sufficient workforce (i.e., people of working age between 15 and 64) to meet the community’s needs. It is currently hard to scientifically determine the appropriate size of the workforce needed to meet the city’s needs. Given B.C.’s economy is generally considered healthy, its working age population ratio is being used as a proxy ideal.

Metric

Percentage of population that is of working age (15-64 years old) in Nanaimo
Percentage of population that is of working age (15-64 years old) in BC

How The Score Is Calculated

If 63% of the Nanaimo’s population and 67% of the province’s population is of working age respectively, the score is 63%/67%=94%.

Indicator Data

Total % of Nanaimo Work Force and Target

Rationale and Analysis

Why We Measure This

Understanding our city’s working age population and how it changes over time matters because it shows Nanaimo’s economic prospects. If the working age population is declining over time, there will be fewer workers to fill future jobs. There will also be fewer workers to pay taxes and provide vital services. If the working age population is growing, the city will need to attract businesses to create new jobs.

How We Measure It

Statistics Canada provides workforce population data every 5 years. The City also collects estimated workforce population data from Environmental Systems Research Institute for other years.
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