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1
STATE OF THE LABOUR
MARKET
Marc Belaiche, CPA, CA
President, TorontoJobs.ca
2
AGENDA
•10 OBSERVATIONS
•WHAT YOU SHOULD DO
•QUESTIONS/COMMENTS
3
OBSERVATION #1
PEOPLE ARE GETTING JOBS…ONTARIO =
7.1% (LOWEST SINCE OCT 2008)
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CANADA EMPLOYMENT
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OBSERVATION #2
EMPLOYEES ARE STAYING LONGER IN
THEIR JOBS
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OBSERVATION #3
THIS IS NOT A NORMAL LABOUR
MARKET
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MARC BELAICHE STATSNORMAL NOW
ACTIVE 20% 20%
PASSIVE 60% 20%
NO INTEREST 20% 60%
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OBSERVATION #4
DON’T KID YOURSELF….
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QUESTION
WHO HAS MOST
LEVERAGE?
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OBSERVATION #5
SERIOUS SKILLS SHORTAGE FOR
SOME POSITIONS
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WHAT SHORTAGE?SOME EXAMPLES:
• Drivers/Warehouse
• Retail/Customer Service/Call Centre
• Inside Sales
• Skilled Trades
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WHAT GLUT?
SOME EXAMPLES:
• General Accountants
• HR Generalists
• Marketing
• Students (15-24) – 13% unempl.
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OBSERVATION #6
71% OF EMPLOYEES “NOT ENGAGED” OR
“ACTIVELY DISENGAGED”
(GALLOP)
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OBSERVATION #6
…AND THOSE PEOPLE ARE NOT
LEAVING…
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OBSERVATION #7
LONG TERM UNEMPLOYED
250K > 6 MONTHS
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OBSERVATION #8
WAGES ARE GENERALLY STAGNANT
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OBSERVATION #9
EMPLOYEES ARE OVERWORKED &
STRESSED…
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OBSERVATION #9“Things are just crazy in the office
where I’m supposed to cover 3
different roles. So many of my co-
workers have such high expectations
of what I should be able to
accomplish. I am already a fast
worker but I still have only 2 hands and only 8 hours in the day to do it!”
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OBSERVATION #10
VOLUNTEERS
AND
INTERNS
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WHAT TO DO?• ALWAYS BE ON LOOKOUT
• SOCIAL MEDIA
• GET RID OF ACTIVELY DISENGAGED (18%)
• UNFILLED POSITIONS COSTS YOUR COMPANY
• PROMOTE? TRANSFER / CHANGE WORK?
• TAKE A CHANCE?
21
• JOB POSTINGS
• RESUME ACCESS
• RECRUITMENT
–TEMPORARY
–PERMANENT
• JOB FAIRS
• TORONTO ENTREPRENEURS
22
THANK YOU
QUESTIONS/COMMENTS?Marc Belaiche, CPA, CA
President
TorontoJobs.ca
905-566-5627x2873
THANK YOU!
23
THANK YOU
QUESTIONS/COMMENTS?Marc Belaiche, CPA, CA
President
TorontoJobs.ca
905-566-5627x2873
THANK YOU!
24
THANK YOU
QUESTIONS/COMMENTS?Marc Belaiche, CPA, CA
President
TorontoJobs.ca
905-566-5627x2873
THANK YOU!
25
THANK YOU
QUESTIONS/COMMENTS?Marc Belaiche, CPA, CA
President
TorontoJobs.ca
905-566-5627x2873
THANK YOU!
