I think unemployment rates are something we should all be aware of. This PDF is government research that shows the average unemployment rates in Canada and in each province from 1976-2013. Note that in most provinces in the 1900s, the unemployment rate increased dramatically. This is clearly shown in the highest increase of 20.1% in Newfoundland and Labrador in 1993. It is also interesting to see how provinces like Saskatchewan were not hit with unemployment nearly as bad. Why do you think that is?
While the unemployment rate may 'only' be at 7%, a more informed look at the statistics would reveal real Canadian struggle. 7% may seem low, but this stat does not include 'discouraged workers' in Canada (those who have given up on finding work and are no longer looking). And while the employment rate may appear to be at an all-time high, look closer and you find that most of those workers do NOT have full-time work, and the stats have climbed only because of the increase of women in paid roles in the last decades.
This resource is great for entrepreneurs. More specifically, check out the "Planning" section.
Topics covered include: learning how to conduct market research, finding stats and analyses related to your chosen field, read up on economic trends in your industry, learn about where to find your target demographic audience across the country, and a site selection tool to help you find the best location for your business to start or grow.
I found this article very interesting, even though it is just statistics. One stat that stayed with me is the ratio of guidance counsellors to students in Canadian high schools is 371:1. I was surprised at this ratio, considering that the decisions a student makes in high school will have a great affect on their postsecondary education, training, or occupation options.
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