Unemployment Rate

Percentage of Niagara residents identified as available for work, but are without work; adjusted for seasonal changes. The target is the monthly Provincial average

Target
Value

7.4%
Sept. 2014
6.3%
Sept. 2017
5.8%
Monthly

Factors that Affect Unemployment Rate

1,292

Employers hiring OW clients in 2016

 

1,911

SAEO New Job Starts in 2016

 

19

New products developed through Niagaras incubators

 

77

New prototypes and problems solved through support by Brock, Niagara College and Innovate Niagara

 

3

Business development problems resolved through the support of Economic Development

 

865

Jobs created and/or retained through the support of Economic Development programs and activities

 

783

Jobs created and/or retained through the Gateway Program

 

82

Jobs created and/or retained through Industrial Land Development Charge Grants

 

$274,070

External grant dollars accessed through Economic Development division

 

16

Site selection inquires

 

Measures that Affect Unemployment Rate

MeasureBaselineCurrentTarget
greenEmployers Hiring OW clients  568
Dec. 31, 2015
919
Sept. 30, 2017
650
Dec. 31, 2017
greenSAEO New Job Starts  885
Dec. 31, 2015
1,238
Sept. 30, 2017
1,350
Dec. 31, 2017

Projects that Affect Unemployment Rate

CompleteProject
Airports Study
This project will deliver to the Transportation Strategy Steering Committee comprehensive reports outlining for each the NDA and NCDRA the governance and funding options available, financial viability and risks, as well as a recommendation on a potential Regional role in the operation and funding.
Bend the Curve for Ontario Works Caseload
This project will increase the number of people who leave Ontario Works for employment and contribute to keeping caseloads below the projected annual number of 3%.
Presence of at Least One Foreign Financial Institution in Niagara
The goal of this project is to attract at least one foreign financial institution focused on commercial banking. To do this, we will: Leverage existing international business relationships; Help identify patterns or established foreign businesses; Create a business development strategy to sell Niagara as a viable location for foreign financial institutions; Advance the planning and development process for interested foreign financial institutions.
Provincial Commitment to GO Rail Expansion - Phase 1
Regional Council's highest priority, seeking provincial commitment to GO Rail expansion with stops in Grimsby, St. Catharines and Niagara Falls. Niagara GO working group established to advance advocacy and technical business case. Comprehensive business case, including ridership modelling, infrastructure assessment and socioeconomic impact developed and submitted to Government of Ontario April, 2015. Government of Ontario includes Niagara GO Rail expansion in 2016 Provincial budget, with formal announcement of GO Rail service to Grimsby (2021), St. Catharines (2023) and Niagara Falls (2023) in July, 2016.
GO Rail Expansion - Phase 2: Implementation
In June 2016, the Government of Ontario announced GO rail expansion to Niagara with service to Grimsby (2021), St. Catharines (2023) and Niagara Falls (2023). Niagara is working collaboratively with the local area municipalities, Metrolinx (MX), CN Rail and the St. Lawrence Seaway Management Corp (SLSMC) to coordinate, lead, manage and coordinate the implementation of daily GO train service in the timelines announced by the Government. Niagara Region will act as a dedicated conduit to MX, a single-window approach to alignment, coordination, approvals, and proactive communication to ensure project success.
Hub and Transit Stations Study
The Hub and Transit Station Study will support significant revitalization and growth around the identified mobility hub locations and include: Development of a conceptual transit station plan for the Grimsby, Beamsville, St. Catharines and Niagara Falls GO Station areas. Functional design work for the proposed infrastructure needed to confirm the conceptual transit station design work for all four sites. Implementation plans for the hub areas. Land value market analysis. Transportation analysis.
Influence Provincial Plan Review
This project will apply Council's strategy for investment, job growth, and prosperity with urban Niagara land supply and location as the basis for influencing provincial planning policy The aim of the project is: To provide submissions to the Provincial Comprehensive Review. Review the implementation of provincial planning policy and the benefits/implications for Niagara. To focus on urban Niagara for investment, jobs and development through updates to the Places to Grow initiative.
Inter-Municipal Transit - Phase 1
The cities of St. Catharines, Welland and Niagara Falls, supported by Niagara Region, are working together to develop options that will lead to an innovative, efficient, customer-centric and integrated transit model in Niagara. A working group is actively pursuing improvements such as improved connectivity to post-secondary institutions, better fare integration and improved trip planning. Completion of phase 1 will occur once triple majority is achieved. This will lead to phase 2 implementation.
Joint Strategy on Youth Retention and Post-Secondary Institutions
We will coordinate the creation of a comprehensive, multi-partner strategy aimed at retaining and attracting youth. As part of this project, we will address and bridge the skills gap between local economic demands and post-secondary training and career readiness.
Net New Population Growth of at Least 10,000 - Growth Strategy
The goal of this project is to increase the population growth rate in the Niagara Region. To do this, we will: Meet with developers and investors to understand their needs. Facilitate greater development in key areas where there is a stronger market. Find ways to help move business projects forward. Build better relationships with developers and investors.

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