How We Crunched the Num­bers

BC Business Magazine - - Best cities for work in B.C. -

To com­pile the B.C.'S Best Cities for Work rank­ing, we con­sid­ered seven eco­nomic in­di­ca­tors, giv­ing them a va­ri­ety of weight­ings. This year's method­ol­ogy also in­cludes an eighth in­di­ca­tor that speaks to qual­ity of life: the pro­por­tion of res­i­dents who walk or bike to work. We didn't fac­tor in peo­ple who use pub­lic tran­sit to get to their jobs be­cause it would give an un­fair ad­van­tage to Van­cou­ver and other cities with ex­ten­sive tran­sit sys­tems.

Av­er­age house­hold in­come (10% of to­tal score)

This fig­ure rep­re­sents the av­er­age for 2017. To de­ter­mine a score out of 10, we gave the top av­er­age in­come 10 points and ranked the other cities in re­la­tion to that.

Av­er­age house­hold in­come un­der 35 (10%)

This num­ber rep­re­sents the 2017 av­er­age house­hold in­come for pri­mary in­come earn­ers un­der the age of 35. Again, we gave the high­est av­er­age 10 points and ranked other com­mu­ni­ties ac­cord­ingly.

Av­er­age house­hold spend­ing on recre­ation (10%)

Boats, ca­ble bills, con­cert tick­ets, va­ca­tions— this tally en­com­passes all leisure-en­hanc­ing house­hold pur­chases that Sta­tis­tics Canada tracks. Giv­ing the city with the high­est av­er­age house­hold recre­ational spend­ing a 10, we ranked the oth­ers in re­la­tion to it.

Av­er­age shel­ter (cur­rent con­sump­tion) costs (15%)

This num­ber cov­ers hous­ing-re­lated liv­ing ex­penses such as mort­gage pay­ments, rent and re­pairs for 2017. We di­vided av­er­age house­hold in­come by cur­rent shel­ter costs, mul­ti­ply­ing that to­tal by two for a score out of 15.

Res­i­dents who walk or bike to work (10%)

To cal­cu­late this score, we di­vided the num­ber of res­i­dents in each com­mu­nity who travel to work by the num­ber who walk or bike, for a per­cent­age out of 10.

Five-year pop­u­la­tion growth (10%)

This num­ber cov­ers the in­crease from 2012 to 2017. We show the per­cent­age growth, with a floor of zero and a max­i­mum score of 10.

Five-year av­er­age house­hold in­come growth (25%)

This fig­ure rep­re­sents per­cent­age in­come growth from 2012 through 2017. Giv­ing the ex­pan­sion a floor of zero, we scored it out of 25.

Un­em­ploy­ment rate (10%)

This num­ber uses the un­em­ploy­ment rate from Statscan's Labour Force Sur­vey for Septem­ber 2017. We mul­ti­plied each com­mu­nity's un­em­ploy­ment rate by two and sub­tracted that amount from 20, giv­ing a max­i­mum score of 10.

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