What it measures
Dimension: Economic Security
This indicator reports the proportion of working aged Canadians who are currently working for pay, whether for an employer or as someone who is self-employed. Employment in Canada was on an upward trend from 1994 to 2008, but dropped sharply following the 2008 economic crisis and has not yet recovered.
Why this matters
Employment is associated with the financial stability of Canadians and their families. As well, employment usually contributes to better self-esteem, more social interaction, and a shared sense of purpose. Employment is related to higher levels of mental health and wellbeing, and the financial means that allow access to better quality food and shelter, in addition to numerous leisure and educational opportunities. Consequently, higher employment rates indicate greater population wellbeing.