Birchy Bay
Total Population
Population size is a measure of local labour market capacity. It represents the ability of the labour market to support local services.
Score: slightly below average
Age Structure
The age structure of a community measures the relative sizes of different age groups in a labour force. The higher the number, the greater the viability of the workforce.
Score: moderately below average
Participation Rate
The participation rate measures the percentage of eligible people who are in the workforce. The higher the number, the more attractive the employment is in the labour market.
Score: slightly below average
High School Completion
The high school completion score is calculated from the percentage of the workforce that has a high school diploma. Generally, it is a measure of labour market quality.
Score: slightly below average
Education Level
In this case, the education level score refers to the degree of educational diversity contained within the labour force. It is calculated as the degree of homogenity between people with: no high school education, a high school diploma, a college diploma, a trade school diploma, a bachelor's degree, and greater than a bachelor's degree. A high score here indicates that the labour market is relatively well balanced and stable.
Score: slightly below average
Non University but Post Secondary
Non university but post secondary refers to the percentage of a workforce that has a college or trade school diploma. This is an important dimension for potential new employers.
Score: moderately below average
Working Age Population
The working age population score is calculated from the percentage of the population between the ages of 16 and 65. The higher this number, the more immediate employment potential the workforce has.
Score: slightly below average
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