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244,000 new workers needed by 2017
- Thread starter joeiannuzzi
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More good news for those of us studying LONG TERM fundamentals.
L
lanedry77
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That number is probably too low, since there will be a bunch of REIN members that have retired early that the report didn`t consider, and hired assistants that the report also didn`t consider.
David.
David.
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QUOTE (joeiannuzzi @ Jan 30 2008, 08:34 AM) http://www.canada.com/calgaryherald/news/s...30-cbfcfd1c8518
Interesting article... A couple things
1. The 244k jobs are based on a forcasted growth rate of 3.8%/yr for Calgary - yet it states that this is far below the ACTUAL OBSERVED AVERAGE of 4.9% we`ve seen over the last decade... Based on the construction projects and infrastructure initiatives by the city do you see Calgary slowing down? I think the are being conservative with this number.
2. The article says that the majority of new job growth is anticipated to be in health care... hmm, maybe owning property with good access to hospitals would see a good long term return?
Interesting article... A couple things
1. The 244k jobs are based on a forcasted growth rate of 3.8%/yr for Calgary - yet it states that this is far below the ACTUAL OBSERVED AVERAGE of 4.9% we`ve seen over the last decade... Based on the construction projects and infrastructure initiatives by the city do you see Calgary slowing down? I think the are being conservative with this number.
2. The article says that the majority of new job growth is anticipated to be in health care... hmm, maybe owning property with good access to hospitals would see a good long term return?