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Publication highlights challenges and opportunities of area labour markets

A new publication highlights the opportunities and challenges of the labour markets in Peterborough, Northumberland, Kawartha Lakes and Haliburton.

The Workforce Development Board / Local Employment Planning Council (WDB/LEPC) – a non-profit organization funded by the federal and provincial governments – has released its Community Labour Market Plan 18/19

More than 200 community stakeholders helped inform the project through in-person interviews and online questionnaires, which provided the input necessary to gain a better understanding of local workforce priorities and needs.

“During consultations, we heard from employers about the local labour force and soft skills, with oral and written communication as the top skill needed by employers advertising jobs across the board,” the publication reads.

It notes that while the region’s population has increased by 3.3 per cent since 2011, the total labour force has decreased by three per cent over that same timeframe.

“Our region experienced a huge increase in people aged 65 and over with growth of over 200 per cent (53,040 people). This segment of the population in our region may create future opportunities for new business and our local labour market,” the publication reads.

It also highlights Census data that indicates that the average individual employment income in our the area in 2015 was $37,173 – roughly 22 per cent below the provincial average.

“The average income of individuals by community was Northumberland County at $39,636 (an increase of $1,405 from 2011), Peterborough at $38,500 (an increase of $714), Kawartha Lakes at $37,242 (an increase of $369) and Haliburton County at $33,314 (a decrease of $2,196),” the report reads.

Information on educational attainment, business counts, top job postings (including median wage) and projected occupational growth is also highlighted for the region, as well as for each individual community.

The publication concludes with recommendations surrounding collection and dissemination of local labour market knowledge; integrated local planning; development of service coordination initiatives for employers; development of innovative research solutions to address identified local labour market issues; and the sharing of local best practices that help strengthen the local labour markets.

To download a copy of the report in English, click HERE.

To download a copy of the report in French, click HERE.