Transportation and warehousing grew by almost 2,800 jobs or 9.6% over this period
SURREY – Almost 12,000 jobs were added in Surrey, according to the 2023 December Surrey Labour Market Intelligence Report released by the Surrey Board of Trade.
That figure represents 3.7 percent growth, the largest industry employment sectors in November were mainly traditional staple sectors, with wholesale and retail trade (54,752 or 16.2% of total jobs), followed by health care and social assistance (40,534 or 12.0%), construction (32,399 or 9.6%) and transportation and warehousing (31,934 or 9.4).
“Job growth was driven by key service sectors and mixed growth in goods-producing sectors,” says Anita Huberman, President & CEO, Surrey Board of Trade.
Over the last 12 months, except for slight growth in resources and construction, Surrey experienced employment growth totally in service-producing sectors.
Those with the greatest job growth to November 2023 are estimated to be: Professional, scientific and technical services employment led the way with an increase of almost 12.5% or over 3,000 jobs; Transportation and warehousing grew by almost 2,800 jobs or 9.6% over this period; The “other services” sector grew by over 2,200 jobs for a 18.9% increase; and Finance, insurance, real estate and rental and leasing increased by almost 2,000 positions or 13.0% since November 2022.
The sectors with the most negative employment change in Surrey over the last 12 months are estimated to be: Employment in business, building and other support services declined by a huge 19.3% or -2,964 jobs; Manufacturing employment in Surrey dropped by 2.6% over the last 12 months (or -736 jobs) and Surrey’s information, culture and recreation sector employment fell -428 jobs or 3.2%.
Source: SBOT & Business Examiner Staff
