When Statistics Canada released its labour force survey on Nov. 6th, reactions in the media seemed to reflect a mix of surprise and frustration. Unemployment had edged up in October, and many saw this as a sign that we may be in for a jobless recovery – characterized by GDP growth combined with chronic high unemployment levels. Although this does remain a possibility, we believe that such fears are premature. (more…)

Do you want to help understand the Employment Market trends in York Region?

York Region’s Planning and Development Services Department is conducting two major employment surveys on long term career opportunities in York Region. They are looking for the input from York Region residents who are in the baby boomers or youth age groups.
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Statistics Canada released its regular monthly Labour Force Survey report today (October 9, 2009) and it contains good news: Employment in Canada increased in September by 31,000 jobs, and unemployment dropped for the first time since the fall of last year. The increase marked the second month in a row in which employment increased in Canada. Unemployment now stands at 8.4% in Canada, at 9.2% in Ontario, and at 7.4% in British Columbia. (more…)

The results of Statistics Canada’s monthly labour force survey for June 2009 were released today, and they contain some interesting findings.
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Hiring demand actually increased slightly in June compared to May in all four suburban GTA regions. However, since the hiring demand levels in May were among this year’s worst, the correction amounted for little more than a return to the flat trend that we have been seeing since the job market took a deep dive at the end of 2008. We are still not seeing signs of recovery in the Toronto area’s job markets, and we do not expect to see much in the way of recovery until the 3rd quarter of 2009. (more…)

VicinityJobs.com, in partnership with Sheridan College (in Oakville) and the Newmarket Employment Resource Centre (in Newmarket), will host two free seminars on the topic of “Job Market and Hiring Demand Trends in Suburban Toronto”. The events will take place in Oakville on June 23rd and in Newmarket on July 9th.
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A new StatCan report regarding May’s Employment Numbers indicates that employment in Canada decreased by 42,000 in May and unemployment rose to 8.4% - Canada’s highest rate for 11 years. The job losses were concentrated in Ontario, where unemployment reached 9.4% - its highest value in 15 years. In fact, Ontario lost 60,000 jobs in May, bringing total losses since last October to 234,000 or 3.5%. While Ontario accounts for 39% of the total working-age population, it has experienced 64% of overall employment losses since the start of the labour market downturn. The remaining provinces saw little changes in May, and Manitoba, Nova Scotia and Saskatchewan even experienced increases in employment.
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Research that we have done at VicinityJobs.com/FairyLakeJobs.net indicates that the ongoing recession has impacted hiring demand in York Region more severely than in most other suburban GTA communities. Our research is based on analysis of hundreds of thousands of postings for jobs in various suburban GTA communities published on all major online job boards and on a number of employer web sites.
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According to a report released by Statistics Canada recently, 681,400 people were receiving regular Employment Insurance benefits in March 2009, up by 65,300 or 10.6% from the previous month. The strongest percent increases occurred in Alberta and British Columbia, but this to some extent is due to the fact that these provinces had low unemployment rates compared to other parts of the country at the beginning of the recession – so now they seem bound to catch up with the rest of the country. (more…)

We released a new report today that measures the impact of economic slowdown on hiring demand in Ontario’s 905-communities surrounding the city of Toronto, and looks into what may be in store for the future. (more…)