Takeaways

• As of 2021 the region's population increased by 1.6% since 2016. Population is expected to increase by 1.6% between 2021 and 2026, adding 20,794. 
• From 2016 to 2021, jobs declined by 1.3% in the New North Region from 668,749 to 659,863. This change fell short of the national growth rate of 1.8% by 3.1%. As the number of jobs decreased, the labor force participation rate decreased from 67.6 to 66.0% between 2016 and 2021. 
• Concerning educational attainment, 18.5% of the selected regions’ residents possess a Bachelor’s Degree (1.8% below the national average), and 12.3% hold an Associate’s Degree (3.6% above the national average). 
• The top three industries in 2021 are Manufacturing, Health Care, and Retail Trade.

Source EMSI - Updated October 2022