OTTAWA (February 22, 2007) -The Advanced Technology Employment index, powered by CATAAlliance and Monster Canada, soared 14 points or 19 percent monthly increase in January, as Canada online job demand bounced back from the seasonal decline historically observed in December.
The Advanced Technology Employment Index provides a monthly measure of on-line job demand and is designed to highlight key labour market trends in Canada. Based on data culled from Monster.ca and other Canadian recruitment Web sites believed to be representative of employer on-line hiring activity nationwide, the Index enables extensive real-time analysis of on-line recruitment trends by occupation, region and major metropolitan areas.
CATAAlliance President John Reid, observed, "After registering an expected decline in December, the Advanced Technology Index rebounded sharply in January. This is an indicator that the robust hiring activity that occurred across the Canadian advanced technologies sector in 2006 will continue through the first quarter of 2007. With 29 points above its twelve months baseline average, the Index now stands at 129, and is up 17 points, or 15 percent, on a year over year basis."
He added, "Despite a seasonal decline in December, the long term trend is positive, an indicator of the robust hiring activity across Canadian economy in general, and more specifically for occupations in the advanced technologies sector.
In January the Index showed:
- Sixteen of the 21 occupational categories edging up while only 5 slipped lower. This shows that the rebound exhibited by the Advanced Technology Index is not linked to a specific industry but that gains are spread across almost all industries.
- The largest gain was seen in Information Technology occupations: 45% more jobs were posted in the category during the first month of the year. Online demand for workers also increased in Engineering, Energy/Utilities, Computers Software, Science, Internet/E-Commerce, Biotechnology and Pharmaceutical, and Healthcare (Medical and Dental, Radiology/Imaging, Records & IT, Optical).
- On the other hand, there was slightly less demand for workers in Aerospace/Aviation/Defense, Telecommunications, Healthcare - Laboratory and Computers Hardware.
- Seven provinces exhibited a surge in January. In Western Canada, Manitoba experienced the sharpest increase after experiencing the sharpest decline in December 2006. The Index for that province now stands at 192, the highest level among all provinces. The situation remained stable in British Columbia, but the Index went up by 12 points in Saskatchewan and by 11 points in Alberta. Online recruitment also increased in Central Canada: it went up by 20 points in Quebec and by 14 points in Ontario. In Atlantic Canada, two provinces recovered from December losses (Nova Scotia and Newfoundland) while two exhibited losses - New Brunswick and Prince Edward Island.
Over 1,785,810 searches for jobs jobs in Advanced Technologies categories were conducted on Monster.ca.
The following categories had the most job searches for Advanced Technology positions during the month:
|l.||Information Technology |
||Computer Software |
||Biotechnology and Pharmaceutical|
The following categories had the most job postings for Advanced Technology positions:
Adjusted to total working population, the Advanced Technology Employment Index Canada found the following provinces to be the top six in terms of online job availability:
||Computers, Software |
Reid noted that, "CATA members will gain valuable insights into the competition for skilled IT workers. Knowing how much demand currently exists for the different types of IT positions in each province enables hiring managers to proactively adjust their recruitment strategies to become the employer-of-choice so that they can lure top talent away from the competition. We are forecasting future talent shortages in a highly competitive global talent marketplace. As an Innovation Nation, Canada must adopt best practices in the attraction, retention and training of best talent."
CATAAlliance (Canadian Advanced Technology Alliance) and CIPS (Canadian Information Processing Society) recently announced a partnership between the two organizations aimed at addressing many of these talent issues.
To help CATA members optimize their recruitment strategies and reduce their time and cost to hire, consultants from Monster Canada will speak at select CATA-hosted events and provide guidance on human resource research into best practices. There they will share more than 12 years of industry best practices that Monster Canada has accumulated since inventing on-line recruiting.
CATA members will also receive a special discount when purchasing select job posting packages with Monster, and secure visibility in front of Canada's largest pool of job seekers.
Monster Canada (www.Monster.ca) is Canada's leading career management portal - a bilingual, user-friendly online resource that is revolutionizing job seeking and recruitment. Headquartered in Montreal, Monster Canada is part of Monster, the leading global online careers and recruitment resource. Monster was founded in 1994 and is headquartered in Maynard, Massachusetts. Monster has 34 local language and content sites in 32 countries worldwide. Monster is known for connecting quality job seekers at all levels with leading employers across all industries and offers employers innovative technology and superior services that give them more control over the recruiting process. To learn more about Monster's industry-leading employer products and services, please visit http://recruiter.monster.ca.