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Jobs vs. Full-Time Equivalents
Traditionally, one measures employment by the number of jobs. However, when part-time and/or seasonal workers are used, this can be a misleading measure resulting in an overstatement of economic impact.
Estimating Tax Revenue Impacts
The tax revenue contributions to the federal, provincial, and municipal levels of government that are associated with airport operations are also estimated.
3 Direct Impacts of Airport Operations
SUMMARY
Direct Employment and Wages
Every arrival of a flight at YWG generates employment hours for individuals with jobs involved in handling passengers, their baggage, cargo, and the aircraft.
Direct Full-time, Part-Time, Seasonal and
Contract Employment
A total of 10,830 direct jobs or 10,020 FTEs are attributable to YWG operations and other airport related businesses.
Direct Employment by Occupation
YWG is a source of employment opportunities for individuals with a broad range of skills. Most businesses require a combination of management, clerical, and trades employees.
General Jobs
Of the total surveyed employment, approximately 5,690 surveyed jobs (59% of total surveyed jobs) are classified as managerial/supervisory, clerical, craft trades, warehouse/labour, and other.
Comparison of Employment: 2016 vs. 2019
YWG’s direct employment base, in FTEs or person years, related to ongoing operations increased by 5%, equivalent to approximately 470 FTEs, compared to the direct employment generated by ongoing operations in 2016.
Direct Gross Domestic Product and Economic Output
The two most common measures of economic contribution (in addition to employment) are gross domestic product (GDP) and economic output.
4 Indirect and Induced Impacts of Airport Operations
SUMMARY
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