OTTAWA (November 1, 2006) -The Advanced Technology Employment index, powered by CATAAlliance and Monster Canada, soared 12 points in September -indicating a sharp rebound and 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, "The increase in technology on-line recruitment activity can partly be attributed to a seasonal fluctuation, as hiring activity typically slows down during the vacation-heavy summer months and then moves up in the fall. Findings are consistent with recent reports from Statistics Canada, and economic indicators suggesting that Canadian business expansion will proceed at a moderate growth at the outset of the third quarter. With 21 points above its twelve months baseline average, the Index now stands at 121, exhibiting its all-time high. The index is up 26 points, or 27 percent, on a year over year basis.
"The Index was positive in September, mostly because job opportunities were created in Energy/Utilities, followed by Engineering, Information Technology and Science. Demand for workers in Environmental Services, and well as in Computer Hardware) was also positive; expansion was empowered by the strength of the Canadian economy across those key areas."
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 Mr. Reid. "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. We are forecasting 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 Canada
Monster Canada (www.Monster.ca) is Canada's leading career management portal - a bilingual, user-friendly on-line resource that is revolutionizing job seeking and recruitment. Headquartered in Montreal, Monster Canada is part of Monster, the leading global on-line careers and recruitment resource. Monster was founded in 1994 and is headquartered in Maynard, Massachusetts. Monster has 26 local language and content sites in 24 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) 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