OTTAWA (June 28, 2006) - A new Advanced Technology Employment index, powered by CATAAlliance and Monster was launched today as a barometer of labour market trends.The index showed a four point surge in May, following a slowdown in the previous month.
The Advanced Technology Employment Index provides a monthly measure of online job demand and is designed to highlight key labour market trends in Canada. Based on data culled from Monster and other recruitment Web sites believed to be representative of employer online hiring activity nationwide, the Index enables extensive real-time analysis of online recruitment trends by occupation, region and major metropolitan areas.
CATA President, John Reid, observed, "The Index rise indicates renewed growth in online recruitment activity across major high tech job categories. It confirms recent feedback from the CATA Board of Directors that their enterprises are growing steadily and could face future talent shortages in a highly competitive global talent marketplace."
Reid added, "The rise in online hiring activity, was largely driven by increased demand for workers in: Engineering; Computer Services; Telco; IT; Biotechnology and Pharmaceutical. The Index upturn suggests that employers keep advertising online for talent workers in Engineering, Computers services, IT, and Telecommunication to support their expansion empowered by the strength of the Canadian economy. Findings are in line with the latest StatsCan labour market forecasts."
The Index showed:
CATA members can request further details, including charts presented in the Advanced Technology Employment Index Executive Summary, by contacting Cathi Malette at email@example.com.
"CATA members will gain valuable insights into the competition for skilled IT workers," said John Reid, President of CATAAlliance. "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 so that they can lure top talent away from competing employers."
To help CATA members optimize their recruitment strategies and reduce their time- and cost-to-hire, consultants from Monster 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 has accumulated since inventing online 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. The special offer can be redeemed online at http://www.cata.ca/Business_Services/monster.html or by calling Monster at 1-800-MONSTER at extension 8481.
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 25 local language and content sites in 23 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, visit http://www.Monster.ca.
Canadian Advanced Technology Alliance (CATAAlliance) is Canada's leading, most influential and entrepreneurial technology alliance. It is committed to growing the global competitiveness of its members, 80% of which are currently active exporters. The common purpose that unites the membership is CATAAlliance's commitment to members' business growth. With offices across the country, we are focused on the provision of business services and government relations programs that conserve and leverage member resources. Because members are action-oriented businesses, CATAAlliance responds with action when members need specific services or activities. The "Traditional Champion" of Canadian research and development, CATAAlliance's mission is to stimulate "Global Business Growth" through the forces of Canadian innovation and strategic partnership.Visit http://www.cata.ca