Advanced Technology Employment Continues to Soar -- Index up 32 percent in Robust Labour Market
December 27, 2006

Monster Canada and CATAAlliance Provice Strategic labour market information

OTTAWA (December 28, 2006) -The Advanced Technology Employment index, powered by CATAAlliance and Monster Canada, soared 7 points in November -- indicating 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 32 points above its twelve month baseline average, the Index now stands at 132, exhibiting its all-time high. The index is up 32 percent, on a year over year basis."

He added, "The Advanced Technology Index has now climbed 23 points in the last four months, continuing an upward trend driven by robust on-line 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. Indeed, employers are very active in their hiring efforts; we expect continued business expansion in the next months into 07."

The Index edged up in November amid intensifying online job opportunities for workers in three major categories :Engineering , Healthcare and Information Technology. It showed:

  • Thirteen of the 21 occupational categories edged up in November while eight slipped lower. However, reductions in these eight categories have a much smaller impact on the online recruitment than the increases in the thirteen categories.

  • The surge in the Advanced Technology Employment Index emanates from important gains in major categories. The Engineering category registered the strongest rate of increase in November, followed by Healthcare and Information Technology. Online job demand for workers in Science, Electronics, Computer Services, Aerospace, Aviation and Defense, Environmental Services and Research and Development, also rose.

  • Reduced online job opportunities across some categories (Energy/Utilities, Telecommunications, Internet/E-commerce, Computer Hardware and Software) have slightly moderated the increase of the overall Index this month.

  • British Columbia and Alberta strongly recovered from losses in October. After a small increase in October, Saskatchewan soared 12 points in November. In Atlantic Canada, three provinces out of four continued their upward trend. New Brunswick experienced a sharp decline in November after exhibiting the largest surge in October. Online job demand grew at a slower pace in Ontario (15-points increase in October and 6-points increase in November) but at a slightly faster pace in Quebec.
  • Over 1,335,851 searches for jobs in Advanced Technologies categories were conducted on Monster.ca in November.

  • The following categories had the most job searches for Advanced Technology positions during the month of November:

Job Searches

1

Information Technology

2

Engineering

3

Computer Software

4

Biotechnology and Pharmaceutical

5

Computer Services

6

Computer Hardware

  • The following categories had the most job postings for Advanced Technology positions during the month of November:

Job Postings

1

Information Technology

2

Engineering

3

Computers Software

4

Electronics

5

Energy / Utilities

6

Telecommunications

  • 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 during the month of November:

Rank

Province

1

Alberta

2

Ontario

3

British Columbia

4

Nova Scotia

5

Manitoba

6

Quebec

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 better profile themselves as employer-of-choice for top talent. 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.

About Monster
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.