
Economy At a Glance
Takeaways
- As of 2019 the region’s population increased by 1.5% since 2014, growing by 18,159. Population is expected to increase by 1.3% between 2019 and 2024, adding 16,735.
- From 2014 to 2019, jobs increased by 3.3% in The New North Region from 653,668 to 675,558. This change fell short of the national growth rate of 7.9% by 4.6%. As the number of jobs increased, the labor force participation rate decreased from 65.5% to 64.2% between 2014 and 2019.
- Concerning educational attainment, 16.9% of the selected regions’ residents possess a Bachelor’s Degree (1.9% below the national average), and 10.7% hold an Associate’s Degree (2.6% above the national average).
- The top three industries in 2019 are Manufacturing, Health Care, and Finance and Insurance.