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Monster Employment Index Canada Declines During Fourth Quarter of 2007 |
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The Monster Employment Index Canada fell by 14 points in the fourth quarter of 2007 to end the year at 151 points. Year-over-year, the Index was up by 17 points, reflecting an increase of 12% in online recruitment activity compared to the final quarter of 2006. The Monster Employment Index Canada is a broad and comprehensive quarterly analysis of Canadian online job demand conducted by Monster Worldwide, Inc. MNST, parent company of the leading global online careers and recruitment resource Monster(R).
Among the occupations tracked by the Index, the sharpest declines in Q4 were seen in the following sectors: processing, manufacturing and utilities jobs, natural and applied sciences, including IT jobs, and trades and transportation. Meanwhile, job sectors that posted gains in online recruitment during Q4 included healthcare, education and government service, sales and service, and management occupations.
Each of the 13 major Canadian cities tracked by the Index registered weaker online job demand in Q4, with the Western cities of Regina, Saskatoon and Winnipeg posting the largest declines.
"Following a relatively flat Q3, the Monster Employment Index Canada was down in Q4, reflecting weaker online recruitment that we typically see for the holiday period that covers the middle of November to the end of December," said Gabriel Bouchard, vice-president and general manager of Monster Canada. "At the same time, it is important to note that overall, online recruitment was up by 12% showing positive growth year-over-year."
Online Recruitment Declines in Five Job Categories
Online demand for workers during Q4 declined in five of the 10 job classifications tracked by the Index, while five sectors posted higher online recruitment during the quarter.
The natural and applied sciences job category, which includes IT jobs, fell by five points in Q4 but was up by 11 points year-over-year.
The business, finance and administration category was down by two points for both the quarter and year-over-year. Occupations in the trades, transportation and equipment operator category saw a three-point decline in online recruitment but that sector was up by eight points year-over-year.
Occupations unique to processing, manufacturing and utilities fell by nine points in the quarter but this sector was up by 12 points year-over-year. The fifth sector losing ground was art, culture, recreation and sport, down three points in Q4 but up by one point year-over-year.
Occupations unique to primary industry posted a 23-point gain in Q4, as well as a year-over-year gain of 49 points, while jobs in education, government and social science gained 14 points in the quarter but lost six points year-over-year.
Occupations in the healthcare sector rose by six points in Q4 but year-over-year showed a two-point decline, while management occupations climbed five points in Q4 and up by one point year-over-year. Sales and service jobs were up by one point in Q4 and up by seven points year-over-year.
Results for the 10 occupational categories tracked by the Index over the past year are as follows:
National Job Categories 2007 2006 2005
----------------------------------------------------------------------
Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2
----------------------------------------------------------------------
Business, Finance and 102 104 115 113 104 105 104 105 90 98 107
Administrative Occupations
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Health Occupations 122 116 130 127 124 124 123 112 99 95 94
----------------------------------------------------------------------
Management Occupations 116 111 125 124 114 112 113 113 93 96 99
----------------------------------------------------------------------
Natural and Applied
Sciences and Related 140 145 134 130 130 115 115 113 98 94 94
Occupations
----------------------------------------------------------------------
Occupations Unique to 171 148 177 142 123 112 108 108 94 95 102
Primary Industry
----------------------------------------------------------------------
Occupations Unique to
Processing, Manufacturing 144 154 126 118 132 135 125 109 94 97 99
and Utilities
----------------------------------------------------------------------
Occupations in Art,
Culture, 135 138 152 132 134 124 114 110 98 91 100
Recreation and Sport
----------------------------------------------------------------------
Occupations in Social
Science, Education, 112 98 120 120 118 102 109 101 100 94 105
Government Service and
Religion
----------------------------------------------------------------------
Sales and Services 116 115 129 118 109 115 123 109 90 98 104
Occupations
----------------------------------------------------------------------
Trades, Transport and
Equipment Operators 128 131 137 125 120 119 132 109 93 99 98
and Related Occupations
----------------------------------------------------------------------
10 Provinces Post Declines in Fourth Quarter
Online recruitment was down in 10 provinces in Q4, with online recruitment in Ontario declining 14 points and four points in Quebec amid weaker demand for workers in natural and applied sciences, including IT jobs, as well as in manufacturing and processing, and business, finance and administration jobs.
In Atlantic Canada, all four provinces registered lower online recruitment activity in Q4, with PEI down 24 points, followed by New Brunswick (-14), Nova Scotia (-13) and Newfoundland/Labrador (-13). Weaker recruitment activity was seen in sectors such as manufacturing, sales and service, and business, finance and administration.
In Western Canada, online recruitment was down by 13 points in both B.C. and Alberta amid weaker recruitment in natural and applied sciences, sales and service, and trades and transportation.
Among Prairie Provinces, Saskatchewan saw activity decline overall by 32 points, while Manitoba ended the quarter with a 23-point drop, amid weaker recruitment in sales and service, natural and applied sciences, and trades and transportation.
Results for the 13 provinces and territories tracked by the Index over the last year are as follows:
Provinces & Territories 2007 2006 2005
--------------------------------------------
Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2
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Alberta 137 151 149 136 127 122 119 112 97 95 96
----------------------------------------------------------------------
British Columbia 133 146 147 134 126 126 121 113 98 95 94
----------------------------------------------------------------------
Manitoba 157 180 177 144 136 131 128 113 96 94 97
----------------------------------------------------------------------
New Brunswick 155 169 154 137 135 132 123 112 94 99 95
----------------------------------------------------------------------
Newfoundland and Labrador 142 155 152 134 123 125 124 111 96 98 94
----------------------------------------------------------------------
Nova Scotia 139 173 145 125 119 119 121 111 93 100 96
----------------------------------------------------------------------
Northwest Territories 153 131 133 128 116 105 110 103 107 97 94
----------------------------------------------------------------------
Nunavut 213 141 149 134 128 105 112 104 93 96 107
----------------------------------------------------------------------
Ontario 147 161 167 161 140 118 113 108 89 100 104
----------------------------------------------------------------------
Prince Edward Island 128 153 149 116 100 111 112 100 97 103 100
----------------------------------------------------------------------
Quebec 124 128 144 126 118 121 116 107 92 100 101
----------------------------------------------------------------------
Saskatchewan 119 152 125 107 103 119 120 103 96 99 102
----------------------------------------------------------------------
Yukon 141 125 128 116 113 103 106 97 105 97 100
----------------------------------------------------------------------
Adjusted to total working population, the Monster Employment Index Canada found the following provinces to be the top six in terms of online job availability during the fourth quarter of 2007:
----------------------------------
Rank Province
--------- ------------------------
1 Alberta
2 Manitoba
3 Nova Scotia
4 Saskatchewan
5 New Brunswick
6 PEI
----------------------------------
All 13 Major Cities Tracked by MEI Register Declines
All of the major Canadian cities tracked by the MEI registered weaker online recruitment activity in the fourth quarter of 2007.
In Ontario, Toronto saw online recruitment fall by 12 points amid weaker demand for workers in business, finance and administrative occupations, natural and applied sciences, management and sales and services. Ottawa also posted a loss, falling by three points in Q4, as did Hamilton, down 15, and Kitchener, down two points.
In Quebec, activity in Montreal fell by five points over the quarter as employers sought fewer workers in business, finance and administrative positions, management, and sales and service. Quebec City's 13-point loss is attributed to weaker demand for workers in natural and applied sciences, sales and service, and government and education.
In Western Canada, Vancouver fell by 12 points, Calgary by eight and Edmonton by 16. Winnipeg fell by 24 points amid weaker demand for workers in natural and applied sciences, trades and transportation, and sales and service. Regina was down by 28 points, Saskatoon by 27 and Winnipeg by 24 amid declining recruitment in trades and transportation, natural and applied sciences and sales and service jobs.
In the East, Halifax saw online recruitment fall by eight points in Q4 as recruitment weakened among natural and applied sciences, management, education and government occupations.
Results for the 13 Census Metropolitan Areas tracked by the Index over the last year are as follows:
Census Metropolitan Areas 2007 2006 2005
--------------------------------------------
Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2
----------------------------------------------------------------------
Calgary 131 139 139 133 128 125 125 113 99 94 95
----------------------------------------------------------------------
Edmonton 148 164 163 150 135 126 125 105 95 99 101
----------------------------------------------------------------------
Halifax 139 147 138 116 118 113 120 113 99 96 92
----------------------------------------------------------------------
Hamilton 181 196 199 183 167 135 124 113 96 96 95
----------------------------------------------------------------------
Kitchener 153 155 167 170 149 117 110 112 95 95 98
----------------------------------------------------------------------
Montreal 154 159 168 141 116 124 115 106 93 100 101
----------------------------------------------------------------------
Ottawa/Gatineau 130 133 135 133 125 112 114 110 100 99 91
----------------------------------------------------------------------
Quebec City 119 132 144 131 109 113 104 105 90 102 102
----------------------------------------------------------------------
Regina 122 149 125 114 104 116 114 102 94 97 107
----------------------------------------------------------------------
Saskatoon 117 144 125 107 102 113 113 102 101 100 96
----------------------------------------------------------------------
Toronto 142 154 156 153 141 122 120 111 92 95 102
----------------------------------------------------------------------
Vancouver 128 139 141 134 126 124 122 113 99 94 94
----------------------------------------------------------------------
Winnipeg 173 197 189 154 145 144 143 113 97 96 94
----------------------------------------------------------------------
Adjusted to total working population, the Monster Employment Index Canada found the following cities to be the top six in terms of online job availability during the fourth quarter of 2007:
-------------------------------
Rank CMA
--------- ---------------------
1 Calgary
2 Edmonton
3 Saskatoon
4 Regina
5 Quebec City
6 Winnipeg
-------------------------------
About the Monster Employment Index Canada
The Monster Employment Index Canada is a broad and comprehensive quarterly analysis of Canadian online job demand conducted by Monster Worldwide, Inc. MNST, parent company of the leading global online careers and recruitment resource Monster(R). As the first national index measuring real-time online job demand, the Monster Employment Index Canada is based on millions of online job postings and data culled from Monster Canada (www.monster.ca), as well as a number of other recruitment Web sites considered representative of employer activity nationwide.
With data collected since April, 2005, the Index uses a consistent methodology to track overall online job demand in Canada, providing Canadian labour-market watchers with a new forward-looking indicator of employer demand for employees.
All of the data and findings in the Monster Employment Index Canada are validated for accuracy through third party auditing conducted by U.S.-based Research America, Inc. Index reports can be accessed and subscribed to free-of-charge online at http://eIndex.monsterworldwide.com. The next report of the Monster Employment Index Canada will be released in April, 2008.
To obtain a full copy of the Monster Employment Index Canada report for the fourth quarter of 2007, including all charts and tables, please visit http://eIndex.monsterworldwide.com. To subscribe and have the Monster Employment Index Canada report emailed to you on a quarterly basis, please go to http://www.monsterworldwide.com/Public_Relations/eIndex.html.
About Monster Canada
Monster Canada (www.Monster.ca) is Canada's leading online career resources portal - a bilingual, user-friendly site that is improving the employment and recruitment experience in today's competitive job market. Headquartered in Montreal, Monster Canada is part of Monster, the leading global careers and recruitment resource online. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100. To learn more about Monster's industry-leading employer products and services, please visit http://solutions.monster.ca.
About Monster Worldwide
Monster Worldwide, Inc. MNST, parent company of Monster(R), the premier global online employment solution for more than a decade, strives to bring people together to advance their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100.
Copyright 2008 BusinessWire
By Copyright 2008 BusinessWire (Source: www.businesswire.com)
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