Economy
Guelph boosts the economy from various sectors. This diversity has helped Guelph obtain the lowest unemployment rate in the country at 4.2%
Manufacturing is the leading sector, accounting for 24.3% of employment (2006 census). The second largest industry is Educational services, accounting for 11.3%.
26.1% (90/345) of business in the manufacturing industry are categorized as Fabricated Metal Product Manufacturing businesses.
The City of Guelph's Economic Development Strategy identified life science, agri-food and biotechnology firms, environmental management and technology companies as growth industries on which to focus economic development activities.
Guelph's 3 largest employers include Linamar (8000), the University of Guelph (3700), and the Upper Grand District School Board (3400).
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)