This industry helps businesses run smoothly. Part of the industry's makeup involves management, whether it's managing other companies or owning all or part of another company. Administration makes up the rest of this industry, and it includes services such as security, window cleaning, and temporary help. In some cases, these services are also provided to households.
Gross domestic product (GDP) measures the overall size of an economy. In 2015, the industry accounted for 3.1% of Alberta's GDP. This represents a 0.2% increase from 2013.
The business, building and other support services industry employed 82,300 people in 2015. This is an increase of 4,200 jobs (5.4%) since 2013.
| Business, Building and Other Support Services Average Hourly Wage | $24.14 |
|---|---|
| Provincial Average Hourly Wage | $29.06 |
In 2015, this industry accounted for 3.6% of total employment in the province, with 3,200 more jobs than the previous year. The unemployment rate for the industry in 2015 was 5.4%, lower than the provincial rate of 6.0%.
The industry's success generally reflects the overall performance of the economy. If businesses are cutting back, then employment in custodial services, for example, may feel the pinch. However, the industry may benefit from the growing trend to outsource management, administration, and other support services. Furthermore, the weaker Canadian dollar may attract international conventions to Alberta. Also, waste management and remedial services benefit from Alberta's growing population and strengthening environmental regulations.
Employment in this industry is expected to grow at an average rate of 0.6% from 2016 to 2019.
OCCinfo has more information about occupations in Alberta, including details about duties, working conditions, educational requirements, employment outlook, and salary ranges. You can also find reports on region-specific information about wages, job vacancies, and hiring difficulties in this industry. Visit the Survey Analysis to learn more.
