Labour market information has been central to evaluating the state of our economy and job situation, as well as offering justification for different programs such as the TFW program. This article, although with a political slant, discusses the need for correct information and how the current information is currently skewed and could be better measured in a different way.
The Labour Market Information ( LMI) Service helps Canadians find information about occupations and labour market trends and outlooks, including skill or labour shortages and surpluses, and statistics on unemployment rates and the working-age population.
This week I researched different Graduate Placement Reports from Colleges and Universities that you could use to find Labour Market Information.
Queens - showing information from 2013 and 2012. Information divided by area of study. Was easy to find when searched on Google.
Workforce Planning Ontario is made up of a network of 26 Workforce Planning Boards covering four regions across the province. They gather intelligence about the supply of labour and the demand side of the local labour market by working with employers to identify and meet their current and emerging skills needs. The primary role of Workforce Planning Boards is to help improve understanding of and coordinate community responses to labour market issues and needs.
If you click on an area of interest, such as the city you live in, there are publications on LMI, including spotlights on specific industries in that area.
The Workforce Planning Board of Waterloo Region has created this document to point out population changes, including changes in the working age population, migration changes, and employment changes for each sector in the last year.
According to the document, Real Estate, Crop Production and Animal Production are the top 3 growing industries in the Waterloo Region, while Specialty Trade Contractors, Professional, Scientific and Technical Services, and Management of Companies and Enterprises are the 3 most declining sectors.
The 2014 report has not yet been released.
This week I researched different Graduate Placement Reports from Colleges and Universities that you could use to find Labour Market Information.
McMaster - Easy to find when searched on Google. Divides by areas of study. Information is a little old (2011).
This week I researched different Graduate Placement Reports from Colleges and Universities that you could use to find Labour Market Information.
Conestoga - Very easy to find when searching Google. Up to date information. Very thorough, gives statistics for all programs, not just program areas.
This week I researched different Graduate Placement Reports from Colleges and Universities that you could use to find Labour Market Information.
UofT - Was difficult to find, had to do a lot of searching. Only gives overall employment rate, not broken down into programs or even program areas.
This website provides quarterly updates on Ontario's Labour Market Information. It covers topics including: job gain/loss percentages, unemployment rates. It also breaks job information down by Industry covering employments rates, good produced, and various related services. This resource is beneficial as it covers regional trends within Ontario and provides you with graphs and charts so that the data is presented in an easier to understand manner. It also provides the sources of the data and the links to the source documents if available allowing for more in-depth research to be done on a particular number presented.
This website was found as a link from the LEDC_London Economic Develoment Council. Particularly interesting as it demonstrates specific job classes, educational requirements and whether they are on the increase in the local region or not. Even has a section specific to Career Counselors!
We offer access to local labour market, jobs, and training/education information for Elgin, Middlesex and Oxford counties.
Labour Market Bulletins provide an analysis of the local labour market and an assessment of local employment-related events. E-scan publications provide an analysis of socio-economic trends in Canadian provinces and territories.
Salman Sakir's article is relevant to the issues raised in Friedman's book The World is Flat in which Friedman in a sense laments over the impact of globalization upon the developed countries, the USA for him, because the developing countries like Brazil and Asian countries like China and India have a massive work labour influence upon the West. Sakir focuses on both the positive and negative aspects of globalization, one of the five forces in Gratton's The Shift and a form of global economy as discussed by Stanford in his Economics for Everyone. Because of low wage and easy availability of experts/labour in the developing countries, foreign investments have been attracted by those Asian and developing countries where the jobs have been created for the locals. On the other hand, the citizens of the developed counters of the West and the North America have consumed the products from the developing countries in a reasonably lower price. Poverty ratio has been decreased in the developing countries which have also been integrated by the phenomenon of globalization. These are positive impacts. But in the developed countries, manufacturing industries have been moved out. so unemployment rate is ever increasing, Sakir highlights these aspects of globalization in this article.
This brief piece offers an informative portrait of what is going on in the Canadian job market. In entirety, job market in the current month, compared to November 2014, is encouraging. "A healthy rotation toward more full-time jobs will be encouraging to the Bank of Canada which has flagged underemployment as a signpost of slack in labour markets."
This site is in Alberta however is great because you can easily see the type of occupation, the NOC code (for qualification purposes), average wage and average salary. An important pat of labour market information is being able to see what wage/income you will be receiving. This could make or break whether you accept a job or not.
Theodre Lewis shows his relevant concern with the impacts of technology on work and jobs which Gratton and Fiedman have elaborated in their books The Shift and The World is Flat respectively. Lewis's imperative voice is that the vocational institutions have to incorporate the technological trends to the traditional concepts of education system in order to make students adaptable to current job market. He pinpoints that those whose who are engaged in career designing or teaching now require to focus "on changing skill needs, changing work, changing jobs, and the role that technology plays in such change, there is need for an ongoing related discourse." This information is relevant to the course contents we dealt with.
If you click this link and follow it to "Employment Patterns" you can see some statistics from last year regarding percentages in full time, part time work, employees vs. self-employed, and male and female percentages.
Great article by Forbes indicating trends in 2014. This is a great way to see what type(s) of business would be good to start and which would probably do poorly in today's market.
This week I started on JobBank.gc.ca and searched my local market, York Region (as listed under "Basic LMI Resources - Where to Start" in our course notes).
As I typically work with students, this particular site www.betakit.com and an article about funding for youth entrepreneurs was a great source of info to share with my students!
Reza Moridi, Minister of Research and Innovation, was at Communitech this morning in Waterloo and announced a partnership with the Campus-Linked Accelerators (CLA) and On-Campus Entrepreneurship Activities (OCEA) to help students interested in building their own business gaining skills to succeed. The CLA is investing $5.8 million and the OCEA providing over $650,000.
Ontario Job Futures is a publication which provides information on the current trends and future outlook for about 200 occupations common to Ontario. It is developed by the Ministry of Training, Colleges and Universities, and uses projections developed in collaboration with Employment and Social Development Canada.
It is a good source for looking at local employment trends for the short and medium-term future in people's careers.