Vancouver faces dynamic job prospects due to rapid growth, immigration, where the 2010 Winter Olympics are taking place (with exposure, jobs in tourism and construction), and d ‘to be the economic centre of a commodity-based province when commodities are too much faced with rapid price inflation.
Vancouver strategically located for job growth
Home to Canada’s largest port and the headquarters of the forestry and mining industries, Vancouver is a centre for software development, high technology, biotechnology, film and tourism. Some of the main Hollywood productions, including X Files, were filmed in Vancouver. Vancouver is also home to the Vancouver Stock Exchange (VSE), which provides risk financing for resource-based industries and high-tech startups. This, in turn, leads to a dynamic economic climate which is now dominated not by old-fashioned production, but by rapidly growing technology, finance and service companies.
The city of Vancouver has 600,000 residents, while Greater Vancouver has more than two million residents. Vancouver is the largest city in British Columbia (British Columbia) and the third-largest city in Canada. The city is ethnically diverse: 52% of the city’s inhabitants speak a first language which is not English.
Because of Vancouver’s unique position, jobs in Vancouver have turned to the service sector (for example, commerce, tourism) and away from industrial jobs. The service sector has grown faster than other sectors over the past decade. The service sector includes business services, restaurants, accommodation, travel agencies and many more. Not all sectors have experienced growth; production, utilities and utilities have seen employment decline. Below is a description of the two main industries.
Tourism is and promises to be an important source of jobs in the years to come. Although high exchange rates against the US dollar have somewhat dampened tourism, there is still a lot of interest in Vancouver from American visitors and visitors from Southeast Asia. The tourism industry, which includes hotels, motels, travel and support services, provides a stable source of employment, which is expected to grow dramatically with the start of the 2010 Winter Olympics.
New media and high technology
Located on the west coast corridor and a short flight from San Francisco, Los Angeles and Seattle, Vancouver has seen rapid Expansion in high-tech jobs. Places like the trendy Yaletown district of downtown Vancouver are now home to countless tech companies. There are more than 800 innovative companies and 15,000 employees in the largest new media cluster in Canada.