On Wednesday, June 20, 2018, Halton Region’s annual Employment Survey Report was presented to Regional Council which showed strong business growth with over 7,200 new jobs created across the region - a 3 per cent increase from 2016.
“Businesses continue to invest in Halton because of low taxes, proximity to major markets and access to our highly educated and skilled workforce,” said Halton Regional Chair Gary Carr. “Businesses are remaining and expanding in Halton because they are seeing success and enjoying a high quality of life that is second to none.”
The Employment Survey is an important resource that helps monitor the region’s economic outlook, effectively plan for growth, attract new businesses and contribute to a sustainable Halton. The 2017 Survey highlighted:
- 231,576 jobs in Halton
- Over 70 per cent of jobs are full-time
- Over one third of jobs in Halton are in knowledge-based sectors, such as finance, information technology and professional services
- 40 per cent of businesses are located within Halton’s designated employment areas
- Over 90 per cent of businesses surveyed in 2016 were still operating in 2017
The survey is consistent with the 2017 Economic Review which was released in April and pointed to a strong local economy fuelled by an in demand work force. The Economic Review showed the unemployment rate decreased to 4 per cent – lower than the provincial average and construction values were up to $3.1B from $2.1B in 2016.
These results clearly indicate that Halton’s business economy continues to thrive which is why more businesses are choosing to locate here. To learn more or read the full Employment Survey Report, visit halton.ca/employmentsurvey.
The Regional Municipality of Halton serves 570,000 residents in the City of Burlington, the Town of Halton Hills, the Town of Milton, and the Town of Oakville. Halton Region is committed to meeting the needs of its residents through the delivery of cost-effective, quality programs and services, including water and wastewater; Regional roads and planning; paramedic services; waste management; public health; social assistance; children’s and seniors’ services; housing services; heritage programs; emergency management and economic development. For more information, call 311 or visit Halton Region’s website at halton.ca.