OTTAWA (September 04, 2007) -The Advanced Technology Employment Index (ATEI), powered by CATAAlliance and Monster Canada, gained 4 points during the second quarter of 2007. The quarterly ATEI therefore reached a new high. -- indicating therefore a sustained growth in online recruitment activity and related job opportunities across major Advanced Technology Areas.
The Advanced Technology Employment Index provides a quarterly 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 Index now stands at 132, and is up 16 points, or 13 percent, on a year over year basis. The Index is also up 37 points (or 39 percent) compared to the second quarter of 2005."
He added, "The ATEI stands at its highest level since its inception, and continues its rise that started at the end of 2006 and that continued all through the year of 2007. This indicates sustained important recruitment activity in the Technology sector across the country and in many different categories. It is evident that the labour market in Canada is healthy and that continued business expansion can be expected in the next months."
Overall results of the Advanced Technology Index for the last 9 quarters are as follow:
As presented in the Advanced Technology Data below, there were mixed results in online demand for workers in the different categories of the technology sector. On one hand, ten categories out of the 21 exhibited increases, with Energy/Utilities; Information Technology and Computer Services leading the way. On the other hand, less job opportunities were created in ten categories, especially Engineering; Internet/E-Commerce and Biotechnology and Pharmaceutical. The Healthcare - Records, IT and Informatics category remained stable in Q2 2007.
In Q2 2007, 6 of the 10 Canadian provinces registered increases in their recruiting activity, with Nova Scotia and Manitoba leading the way. Three Atlantic provinces, namely Newfoundland, New Brunswick and Prince Edward Island, exhibited decreases and the Index remained flat in Quebec.
ADVANCED TECHNOLOGY DATA
Technology online job availability as measured by the Advanced Technology Index gained 4 points from 128 in Q1 2007 to 132 in Q2 2007.
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 lure top talent away from competing employers. 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 speak at select CATA-hosted events and provide guidance on human resource research into best practices. There they share more than 12 years of industry best practices that Monster Canada has accumulated since inventing on-line recruiting.
CATA members 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.
CATAAlliance has also teamed with IT World Canada and CareerDoor Inc. to provide the new 2007 IT Salary Survey and Hiring Manager's Guide to Canada's high-tech companies. The second annual Salary Survey is the only all-Canadian compensation survey exclusive to the IT profession completed by IT professionals and their hiring managers.
Additionally, CATAAlliance and Industrial Alliance, offer a highly competitive and customized Group Benefits Insurance Plan to aid with employee attraction and retention. Industrial Alliance has over 1.5 million clients and is one of the 100 largest public companies in Canada.
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.
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