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:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)