OTTAWA (November 30, 2006) -The Advanced Technology Employment index, powered by CATAAlliance and Monster Canada, soared 4 points in October -- indicating therefore a sustained growth in online recruitment activity and related job opportunities across major Canada Advanced Tech Areas.
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, " With 25 points above its twelve month baseline average, the Index now stands at 125, exhibiting its all-time high. The index is up 28 points, or 29 percent, on a year over year basis."
He added, "The Advanced Technology Index has now climbed 16 points in the last three months, continuing an upward trend driven by robust hiring activity across the Canadian economy. By exhibiting its third consecutive month of increase, it is evident that the labour market in Canada is healthy and that continued business expansion can be expected in the next months."
The Index was positive in October mostly because of job opportunities created in Computer Services, Information Technology, Computer Software and Telecommunications. In contrast, online recruitment in the areas of Energy/Utilities, Engineering and Science showed some weakness compared to September. It showed:
|5.||Energy / Utilities|
Reid concluded, "Knowing the demand side of 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. We continue to forecast future talent shortages in a highly competitive global talent marketplace."
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.
Canadian Advanced Technology Alliance (CATAAlliance) (www.cata.ca) 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 www.cata.ca