market monthly newsletter - march 2015

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March 2015 Labour Force Survey In 2014, the Labour Force Survey quantified the off-reserve Aboriginal employment rate in New Brunswick (NB). As shown below, employment picked up through the summer months as seasonal industries increased activity. By November, the Aboriginal rate nearly matched the non- Aboriginal employment rate. For the month of January 2015, the Labour Force Survey estimated NB Aboriginal unemployment at 20.6%. Aboriginal Market Monthly 1 Canada-New Brunswick Job Grant The Canada-New Brunswick Job Grant is an employer- driven program, that invests in the skill development and employment needs of the workforce. Employers determine what training is needed, who participates, and which provider will deliver the training. The government will contribute 2/3 of the eligible training costs, up to a maximum of $10,000 per training participant, per fiscal year. The employer pays at least 1/3 of the eligible costs. For more information, visit: www.gnb.ca/training. ABORIGINAL MARKET MONTHLY Aboriginal Labour Market Newsletter 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 01-Jan 01-Feb 01-Mar 01-Apr 01-May 01-Jun 01-Jul 01-Aug 01-Sep 01-Oct 01-Nov 01-Dec 2014 Non-Aboriginal Employment Rate 2014 Aboriginal Employment Rate

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This is the Aboriginal Market Monthly Newsletter for March 2015.

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March 2015

Labour Force Survey In 2014, the Labour Force Survey quantified the off-reserve Aboriginal employment rate in New Brunswick (NB). As shown below, employment picked up through the summer months as seasonal industries increased activity. By November, the Aboriginal rate nearly matched the non-Aboriginal employment rate. For the month of January 2015, the Labour Force Survey estimated NB Aboriginal unemployment at 20.6%.

Aboriginal Market Monthly �1

Canada-New Brunswick Job Grant

The Canada-New Brunswick Job Grant is an employer-driven program, that invests in the skill development and employment needs of the workforce. Employers determine what training is needed, who participates, and which provider will deliver the training.

The government will contribute 2/3 of the eligible training costs, up to a maximum of $10,000 per training participant, per fiscal year. The employer pays at least 1/3 of the eligible costs.

For more information, visit: www.gnb.ca/training.

ABORIGINAL MARKET MONTHLY

Aboriginal Labour Market Newsletter

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2014$Non-Aboriginal$Employment$Rate$2014$Aboriginal$Employment$Rate$

March 2015

New Brunswick and the rest of CanadaIn February, the unemployment rate in NB rose slightly from 10% to 10.4% compared to 6.8% nationally (Statistics Canada, Labour Force Survey).

Entrepreneurship: An employment driver A recent report from Entrevestor shows that Atlantic Canadian startups expanded their workforce by 9.4% in 2014. This far exceeds the 1% expansion in Atlantic Canada as a whole. Sectors impacted by startups include: Information Technology (IT), Life Sciences, Manufacturing, and Cleantech.

In addition to robust workforce expansion, startups created well-paying jobs with an average salary of $58,600. Startups hold optimistic expectations of increasing staff by 43% in 2015, although this should be viewed with caution in light of overly ambitious hiring expectations in 2014.

The entire report from Entrevestor can be read by visiting www.entrevestor.com/intelligence.

Aboriginal entrepreneurs are benefiting from the startup sector. A recent NB Aboriginal Information & Communications Technology (NBAICT) training program provided by the Joint Economic Development Initiative (JEDI) resulted in at least 5 Aboriginal startups. Some of these startups are seeking to expand their workforce to keep up with business demands. For more information on the NBAICT project, visit www.jedinb.ca.

Aboriginal Market Monthly �2

Did You Know?

The Labour Force Survey (LFS) is the most current reporting tool for Aboriginal labour market information. However, it does not include First Nation communities.

✦ 45% of First Nations people in Canada live on-reserve (National Household Survey, 2011)

✦ 64% of First Nations people in NB live on-reserve (National Household Survey, 2011)

✦ Just 36% of First Nations people would be included in the LFS in NB

✦ 61% of all Aboriginal people in NB would be included in the LFS (including First Nations, Métis, Inuit, and off-reserve Aboriginals)

Therefore, the LFS shows some valuable information but it is not indicative of the Aboriginal population of NB as a whole.

More effective tools are needed to gain a full picture of the Aboriginal labour market in NB.

Startup East Employment in 2014

Employment Growth 9.4%

Total payroll $44.1M

Expected hiring in 2015* 476.5

Projected 2015 job growth 43%

*Part-time employees recorded as 0.5