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| “Kickstart Your Own Business" In Toronto, youth unemployment is nearly three times that of adults. To address this issue the Toronto Training Board and the Ontario Association for Youth Employment Centre (OAYEC or First Work) are holding an event on Wednesday, September 16, at the downtown YMCA called Kickstart Your Own Business- a one day forum for youth looking to start their own business. The event will also launch OAYEC’s New Start Lounge- a networking, business support and marketing site specifically for young entrepreneurs. Labour Market News Labour Force SurveyThe DailyStatistics Canada August 7, 2009 Employment in Ontario edged up in July as continued declines in construction were more than offset by gains in the services sector. In July, the unemployment rate was 9.3%, a 0.3 percentage point decline from the previous month. Toronto's Jobless Rate 10%Toronto Sun Interest In IT Is Rising. Well-Paying Jobs Are Being Shipped OverseasToronto StarDonna Nebenzahl August 29, 2009 Many Canadians are using information and communications technology devices these days, but not enough Canadians are entering the field of ICT. And that has left the country with a shortage of qualified workers, according to a national survey conducted for the Canadian Coalition for Tomorrow's ICT Skills (CCICT). In the next eight years, ICT professionals believe that Canadian businesses will need to employ more than 60,000 new workers. That number increases to more than 150,000 when retirement is factored in. Labour Force Survey data on ICT employment indicates that Ontario is the site of 48 per cent of Canada's ICT employment – an estimated 250,000 jobs in the GTA alone. In all, ICT employs over 600,000 Canadians nationwide, according to figures obtained from Statistics Canada. So where will the new ICT workers come from?CCICT research indicates there are three main feeder sources for this field: young people planning a career; immigrants; and people in the existing workforce who are looking to upgrade skills. ImmigrantsToronto StarNicholas Keung August 26 2009 Pharmacists, teachers, engineers and doctors are the careers with the highest proportion of foreign-trained professionals in this province, says the annual report of Ontario's Office of the Fairness Commissioner. YouthToronto-Area Youth Learn To Give As Well As ReceiveNational Junior Golf AcademyCapital One Press Release August 31, 2009 The National Junior Golf Academy (NJGA) is proud to partner with Capital One Canada to provide scholarship opportunities to exemplary Toronto teens from economically challenged areas with the desire to achieve. The first three recipients of the scholarship program have also committed to give back to the community during their university career. The recipients demonstrated a commitment to improving their communities, alongside academic excellence, in order to qualify for the $4,000 scholarship for every year of their undergraduate degree.The students will also devote their spare time to volunteer at the National Junior Golf Academy to act as role models for at-risk youth. EducationHigh Cost Of Higher EducationToronto SunSharon Lem August 24, 2009 Struggling to cope in a lousy student job market, they are three of thousands of undergraduate students who couldn't find full-time work this summer but had to line up this week to pay mounting tuition fees to register for the fall semester. Ontario's university tuition fees are the second highest in the country -- almost $1,000 over the national average. This combination of high fees and the worst job market in the country for student employment in decades has hit students hard. Approximately 70% of newly listed jobs in Canada require some form of post-secondary education, increasing the necessity for a degree in today's competitive job market. Student unemployment rates spiked to 20.9% for July --the worst since 1977 according to Statistics Canada. Comparitively, in July 2008 the student unemplyebnt rate was 13.8%. Other NewsNew Bridge Training Program Launches For Internationally Trained Environmental ProfessionalsToronto And Region ConservationNews Release August 31, 2009 In today's tough economy, finding meaningful employment can be a difficult task for internationally trained professionals new to Canada. To help remove barriers faced by newcomers, Toronto and Region Conservation (TRCA) is launching the Mentoring to Placement for Environmental Professionals (M2P) Program. The program is funded by the Ministry of Citizenship and Immigration, Ontario Government as part of its investment in bridge training programs throughout the province. The M2P Program targets the environmental sector and offers a mentorship component followed by a three to 12 month paid work placement for 40 internationally trained environmental professionals in the fields of environmental planning, terrestrial or aquatic biology, ecology, or green building technologies. Application dates are August 31 until October 5, 2009. For more information about the application process please visit www.trca.on.ca/m2p |
VOLUME 7
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The Canadian Manufacturing Sector : Adapting The ChallengesCanadian Economic ObserverJohn Baldwin and Ryan Macdonald July 28, 2009 This paper examines the challenges that the manufacturing sector has faced over the last half century focusing on both long- and short-term performance. It first examines whether there is evidence that this sector is in long-term decline. The paper also investigates how the industry has responded to specific shocks during this period from exchange-rate movements, trade liberalization and business cycles. It finds little evidence of long-term decline. Rather it describes how manufacturing has adapted to varying challenges, whether from demand shifts due to business cycles, relative price shifts associated with exchange rate shocks or changes in tariff regimes. Jobs: Lessons From The Great RecessionThe Business Week |   |
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