#1 Human
Capital
Olds, Alberta is a town located in the central region of the province of Alberta, Canada. With a local population approximately 9.5K and a region population of 42K Olds is a town growing into a city with a strong community focus. One of the major strengths lies in its human capital - its people. Olds has a highly skilled and educated workforce, which is a significant asset for businesses in the area.
Olds College is a leading institution in the region, offering a variety of certificate, diploma, and degree programs in fields such as agriculture, business, and health. Approximately, 2000 students attend the College annually. The college has a strong reputation for delivering high-quality education and is highly regarded by employers in the area.
Olds is also home to several public and private schools that provide a quality education to the next generation of workers. The Town also has a diverse and multicultural population, providing businesses with access to a broad range of perspectives and experiences. Overall, the human capital in Olds, Alberta is a significant asset for businesses looking to invest in the area, providing a highly skilled and diverse workforce to help drive growth and innovation.
Region: Olds, Sundre, Didsbury, Carstairs
*may also include the Calgary region
Region: Olds, Sundre, Didsbury, Carstairs
*may also include the Calgary region
Region: Olds, Sundre, Didsbury, Carstairs
*may also include the Calgary region
Region: Olds, Sundre, Didsbury, Carstairs
*may also include the Calgary region
Region: Olds, Sundre, Didsbury, Carstairs
*may also include the Calgary region
Region: Olds, Sundre, Didsbury, Carstairs
*may also include the Calgary region
The Resident Profile for Olds, Alberta is a useful tool for anyone looking to understand the demographics of the local population. According to the most recent data, the population of Olds is 9.5K.
Approximately 5,000 workers are employed allowing a participation rate of 71.7% both locally and regionally. While public sector is a key employer in the community and region retail trade, construction, and mining, quarrying, and oil and gas extraction are the top employment sectors in the Town of Olds. Regionally, retail trade, construction, and manufacturing are the top three employers.
The current unemployment rate in Olds is 9.8% while the region is 6.0%. While impacts of Covid are still real the town has seen steady population growth and new business starts in recent years.
Olds also offers an educated workforce with 59% (Town of Olds) and 58.3% (region) holding some postsecondary education. Over 20% (Town of Olds) and 16.8% (region) hold a Bachelor's Degree or Higher and 2.7% with a Masters or higher in Olds and 2.2% in the region.
Top occupations in Olds and region include: sales; trades, transportation and equipment operations; education, law, societal and government services; business and finance; agriculture, and health.
Olds has access to over 2,000 students through Olds College and approximately 165K students attending other colleges and universities in Alberta.
Olds College of Agriculture and Technology is recognized as one of Canada's top 10 research colleges and a key competitive advantage for providing a specialized skills pipeline to Olds industries.
The College has over 95 applied research projects to date. They are focused on autonomous agriculture equipment, data sensors, regenerative agriculture, and technology development and validation.
Agriculture, horticulture, land and environment management, animal science, food production, business, trades, and apprenticeships.
The College works with businesses to assess training needs and source options for available programming. Short courses, distance learning, evening classes, and online programs are offered to meet business needs.
