Ottawa, April 25, 2007 -- The Advanced Technology Employment Index surged by 8 points in March, as Canadian online recruitment activity for technology positions bounced back from the downturn observed in February.
With 32 points above its twelve months baseline average, the Index now stands at 132, and is up 15 points, or 13 percent, on a year over year basis.
In March, the Advanced Technology Index was able to regain all the ground that it had lost in February, and even to go back to its all-time high record of 132. The Index hasn't reached such heights since the month of November 2006. Overall, the first quarter of 2007 saw a strong online demand for workers in advanced technology, with an average of 11% more job postings for each month of Q1 2007 compared to the same period in 2006.
"This is a confirmation that the advanced technology sector has started to flourish again," said John Reid, President of the Canadian Advanced Technology Alliance (CATAAlliance), the nation's largest high-tech association. "We see a stronger online demand for workers in most provinces and across most job categories tracked by the index"
Online demand for workers increased in 17 of the 21 categories; with Engineering; Energy/Utilities; Information Technology and Computer Software registering the largest increases this month. On the other hand, less job opportunities were created for workers in Aerospace/Aviation/Defense; Healthcare (Laboratory); Telecommunications and Computer Hardware.
In March, 7 of the 10 Canadian provinces registered increases in their recruiting activity. Manitoba held steady and Prince Edward Island and Newfoundland exhibited slight declines.
Overall results of the Advanced Technology Index for the last 13 months are as follow:
ADVANCED TECHNOLOGY DATA
|5.||Biotechnology and Pharmaceutical|
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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.caand read our Executive Briefing