CALGARY, ALTA. – Calgary’s construction industry is on an upswing as the city’s economy starts to recover.
Statistics Canada’s Labour Force Survey for August 2022 reported 82,800 Calgarians were employed in the construction industry up from 76,300 in August 2021, a growth rate of 8.5 per cent year over year.
“Calgary’s construction industry is back in a growth mode. These new numbers show that our industry has weathered through the pandemic and continues to grow as Calgary’s economy recovers,” Calgary Construction Association (CCA) president Bill Black said in a statement.
“The construction industry is a barometer for our overall local economy. When the economy is growing, we see it reflected in our industry. When the economy shrinks, we are the first to feel it.”
Unlike previous years, Calgary’s construction industry has seen continued growth month to month with 3,200 more Calgarians employed in the industry in August than in July, a CCA release stated.
The construction industry has recovered to pre-pandemic levels and has seen accelerated growth, the release stated. In August 2019, 76,800 Calgarians were employed in the industry and the new figure of 82,800 represents a growth rate of 7.8 per cent from pre-pandemic levels.
According to Statistics Canada, construction is Calgary’s fourth-largest industry when compared to employment numbers behind retail, professional services and health care, with 9.2 per cent of all jobs in in Calgary’s metropolitan region directly in the industry.
Labour Force Survey statistics are available here.
Recent Comments
comments for this post are closed