Agenda 2030 Sustainable Development Goals Report, 2022
Goal 8, Decent Work and Economic Growth
Description: Sustainable Development Goals: Goal 8, Decent Work and Economic Growth
Promote Sustained, Inclusive and Sustainable Economic Growth, Full and Productive Employment and Decent Work for All
Unemployment Rate
The unemployment rate was 7.5% for the total population in 2021. The rate for the Indigenous population was almost 55% higher.
The proportion of youth not in education, employment and training (NEET) increased almost 30% during the COVID-19 pandemic in 2020.
The Rate of Involuntary Part – Time Work
Year | Annual % change for involuntary part-time work |
---|---|
2019 | -10.4% |
2020 | 19.3% |
2021 | -8.4% |
In 2021, men aged 25-54 had the highest rate of involuntary part-time work. This was almost two times higher than the national average of 21%.
Economic Recovery From the Covid-19 Pandemic
Industry | % change from September 2020 to September 2022 |
---|---|
Arts, entertainment and recreation | 70% |
Food services and accommodations | 38% |
Industry | change from September 2019 – September 2022 |
---|---|
Art, entertainment and recreation | -12% |
Food services and accommodations | -9% |
Between 2020 – 2021, recent immigrantsNote 2 recovered from unemployment faster than the total population.
Community Spotlight: Shorefast
Shorefast is a registered charity that builds economic and cultural resilience on Fogo Island, NL, and shares learning to help make it possible for local communities to thrive in the global economy. Shorefast's programs comprise a holistic set of initiatives that hold relevance to community economic development.
Since the creation of Shorefast (2004)
- Employ ~33% of households on Fogo Island
- Estimated GDP impact of $55 million by 2023
- Share knowledge of community development beyond Fogo Island
Source(s): Statistics Canada, Labour Force Survey, 2021. Statistics Canada, Gross Domestic Product by Industry - National (Monthly), 2022. Shorefast, 2022.
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