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Labour Market Intelligence
Reference

Glossary

Plain-English definitions of the terms used across the platform. We favour honest, accessible language over jargon.

Automation risk
A 0–1 model estimate of an occupation's exposure to automation and AI, not a job-loss forecast.
CAGR
Compound annual growth rate — the steady yearly rate of change over a period.
CIP
Classification of Instructional Programs — the coding system for fields of study.
Gender wage gap
Women's median wage divided by men's, minus one. Negative means women earn less.
Location quotient
How concentrated an industry is regionally vs nationally; above 1 = over-represented.
Median wage
The middle wage — half of workers earn more, half less. Less skewed than the average.
NOC
National Occupational Classification — Canada's coding system for occupations.
Participation rate
Share of the working-age population that is employed or actively looking for work.
Prediction interval
The p10–p90 range a prediction is likely to fall in — honest uncertainty around the median.
Real vs nominal wage
Real wages are adjusted for inflation (here to 2025 CAD); nominal are the dollars of the day.