An image showcasing the beauty of Terrace

People enjoying the surroundings of Terrace

Job Market in Terrace

The job market in Terrace, Canada, is experiencing a dynamic phase in 2024, driven by its strategic location and diverse economic activities. Key industries such as forestry, mining, and tourism play a significant role in the local economy, providing numerous employment opportunities. Recent infrastructure developments, including transportation and energy projects, are expected to boost job growth and attract new businesses to the area. Terrace's job market is poised for growth, with emerging sectors like renewable energy and technology gaining traction.

Top Industries in Terrace

Terrace is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Terrace include:

Forestry

Forestry remains a cornerstone of Terrace's economy, with numerous job opportunities in logging, wood processing, and forest management.

Range: $50-$90k

Growth rate: 5%

Some job openings:

West Fraser is hiring: Forestry Technician, Mill Operator

Canfor is hiring: Logistics Coordinator, Environmental Specialist

Mining

The mining industry in Terrace is thriving, with significant investments in mineral exploration and extraction.

Range: $60-$110k

Growth rate: 7%

Some job openings:

Teck Resources is hiring: Mining Engineer, Geologist

Imperial Metals is hiring: Drill Operator, Safety Officer

Tourism

Tourism is a growing sector in Terrace, with opportunities in hospitality, outdoor recreation, and cultural events.

Range: $30-$60k

Growth rate: 6%

Some job openings:

Skeena Valley Expeditions is hiring: Tour Guide, Customer Service Representative

Terrace Tourism Board is hiring: Event Coordinator, Marketing Specialist

Renewable Energy

Renewable energy is an emerging industry in Terrace, with projects focusing on hydroelectric and wind power.

Range: $70-$120k

Growth rate: 8%

Some job openings:

Innergex Renewable Energy is hiring: Project Manager, Electrical Engineer

Pattern Energy is hiring: Wind Turbine Technician, Site Manager

Technology

The technology sector in Terrace is gradually expanding, with startups and established companies seeking skilled professionals.

Range: $80-$150k

Growth rate: 10%

Some job openings:

Terrace Tech Solutions is hiring: Software Developer, IT Support Specialist

Northern Innovations is hiring: Data Analyst, Product Manager

Employment Trends and Growth Rates

Terrace is witnessing a steady increase in employment opportunities, particularly in the renewable energy and technology sectors. The city's job growth rate is projected to be around 6% annually, driven by investments in infrastructure and industry diversification. Income inequality remains a concern, with efforts underway to address disparities through education and skill development programs. Job turnover rates are relatively low, indicating stable employment conditions, although there is a growing demand for skilled workers in emerging industries.

Job Market for Remote and Freelance Workers in Terrace

Remote work is gaining popularity in Terrace, with approximately 30% of the workforce engaged in remote or hybrid roles. The technology and marketing sectors offer the most remote opportunities, with local companies like Terrace Tech Solutions leading the way. City-specific job boards and networking events are increasingly focusing on remote work opportunities, reflecting national trends.

Job Resources and Networking

Terrace offers a variety of job resources, including local job boards like TerraceJobs.ca and career fairs hosted by the Terrace Chamber of Commerce. Networking events and workshops are regularly organized by the Terrace Economic Development Authority to support job seekers. Local entrepreneurial hubs, such as the Terrace Innovation Centre, provide resources and support for startups and freelancers.

Worldwide

Canada

Property Prices Rankings

The Property Prices Rankings for Canada evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.

Highest to LowestUpdated: Feb, 2025

Cost of Living Traffic

Terrace Job Market

"Key Takeaways"

Forestry and mining remain key industries in Terrace, with steady job growth and competitive salaries.
The technology sector is expanding rapidly, offering high-paying roles and remote work opportunities.
Local resources like TerraceJobs.ca and the Terrace Innovation Centre are valuable for job seekers.

Tips for Job Seekers in Terrace

Job seekers in Terrace should tailor their resumes to highlight relevant skills and experiences, particularly for roles in forestry, mining, and technology.

A bachelor's degree can significantly enhance employment prospects, especially in technical and managerial positions.

Residents can benefit from career development programs and resume workshops offered by local institutions like Northwest Community College.

Terrace

Nearby Cities

We don't have any relevant "Quality of life" data on cities with a 200 mile radius of Terrace
All cities in Canada