Labour Market Information Program Annual Report 2022

This report provides a detailed snapshot of the Manitoba economy, with a focus on industry sectors related to the Manitoba Sector Council Program (SCP).

Executive Summary

This report provides a detailed snapshot of the Manitoba economy, with a focus on industry sectors related to the Manitoba Sector Council Program (SCP). It relies on data from the following sources:

1. Statistics Canada Census 2016 and 2021, Labour Force Survey (LFS),
   Job Vacancy Datasets and the Labour Productivity Series
2. Trade Data Online – Government of Canada
3. Workplace Education Manitoba LMI Forecasting Model

Manitoba has a diverse economy with many medium and large growing industry sectors. Compared to Saskatchewan (for example), whereby one (1) large industry (Mining and oil and gas extraction) accounts for 27.4% of its provincial GDP, Manitoba’s largest sector, manufacturing, accounts for only 9.5% of total provincial GDP¹. This characteristic of Manitoba helps insulate the province from recessions, external shocks that impact a particular sector, and pandemic related impacts to the provincial economy.

NOTE: Although it is the year 2023, the labour market forecast is not updated until March 2023 and therefore the current forecast period is still 2022 to 2026 with the new forecast period being 2023 to 2027. Throughout this report the 2022 to 2026 forecast period is still cited as it is the most recent available forecast period.

¹ If non-profit institutions are included, this sector accounts for the largest share of Manitoba provincial GDP at 11.7%

Highlights and Key Findings

1. Manitoba’s population grew by 5% between 2016 and 2021 compared to 5.2% in Canada. However, Manitoba’s average and median age are lower than Canada.
2. Southeast, Winnipeg, and Interlake were Manitoba’s fastest growing economic regions in terms of population.
3. Steinbach, Winkler, and Winnipeg were Manitoba’s fastest growing census metropolitan areas.
4. Between 2010 and 2019, Manitoba’s real gross domestic product (GDP) grew by 2% annually.
5. Between 2019 and 2021, due to COVID-19 pandemic, Manitoba’s real GDP fell by 1.7% annually.
6. Manitoba exports $17.6b worth of goods and services internationally (2021). Pharmaceutical and medicine manufacturing, food
   manufacturing and agriculture, utilities, and oil and gas are Manitoba’s largest exporting industries (at the detailed industry sector level).
7. Aerospace products and parts manufacturing is another large Manitoba exporting industry however it was negatively impacted by COVID-19 pandemic.
8. Between 2010 and 2019, Manitoba’s employed labour force grew by 0.8% annually. Rebounding from COVID-19 pandemic when 2020 employment was 631,360, 2022 Manitoba employment increased to 671,470.
9. Transport truck drivers, retail salespersons, nurse aides, orderlies and patient service associates are the three (3) jobs expected to
   experience the greatest number of job openings in Manitoba between 2022 and 2026.
10. Transport truck drivers, retail and wholesale trade managers, registered nurses and registered psychiatric nurses are the three (3)
    jobs expected to experience the most unfilled jobs in Manitoba between 2022 and 2026.
11. Manitoba’s population is becoming more educated with 18.9% of the population age 15 and over having no certificate, diploma or
    degree (2021) compared to 29% in 2006.
12. Proportionally, Manitoba’s labour force declined slightly between 2016 and 2021 in terms of women in the labour force. Despite
    this, many SCP related industry sectors experienced increases in the women labour force over the same time period.