Market Trends
Employment Trends for 2009-2010:
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 [ 2009-03-02 ] |
Hot sectors
The biggest promise for employment is coming from oil and gas. Despite being hit by the financial crisis and cruising at a slower pace than it had over the last few years, the natural resources sector continues to show some promise. While Alberta’s oil sands may be a hive of economic activity – and therefore an appealing destination for workers from across the country – they are no longer the only game in town. Saskatchewan and Atlantic Canada have also recently emerged as new players in the natural resources sector.Meanwhile, skilled labour sectors should also hold their own despite the economic slowdown, thanks to the worldwide shortage for workers in that area. And although activities in the high technology sector, such as gaming, medical and animation technology, aren’t as wild and frenzied as they once were, there are still more job openings than well-trained people to fill them.
Cool sectors
The tumultuous U.S. economy, the once-high Canadian dollar and other factors have left a number of industries feeling the pinch. The manufacturing sector has been tumbling like a house of cards, while opportunities also dry up in transportation and jobs that require unskilled labour – but they may not all be gone forever.
Stable sectors
Regardless of how the economy is faring, people still need medical care and governments must keep operating. That’s why there’s a steady demand for public servants, doctors, nurses and other healthcare workers.Byrne Luft, vice president of marketing with placement agency Manpower Inc., still sees good news on the horizon. “Many [available] jobs will be balanced between job creation and attrition. That’s if people are not working until they’re 95,” he laughs.
Get the full picture on Canada’s employment trends for 2009-2010:
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