3. Toronto Highlights
• Toronto ranked 12th of 120 global cities
(Hot Spots: Benchmarking Global City Competitiveness, The Economist)
• Toronto ranked 4th among World's Top Tech Hubs by Startup Genome, a
project that aims to increase the success rate of start-ups and accelerate
the pace of innovation globally
• A major economic engine of the country with 83,000 businesses
• Major employment clusters: Food services, Financial services, ICT, Green
Industry, Fashion, Film, Hospitality and Tourism and Life Sciences
• 2nd Greenest Canadian City in Leading the Fight against Climate Change
(Global Financial Centres Index - GFCI 9)
• Toronto has the lowest risk in the world for employers to recruit, employ and
relocate employees (Aon Consulting’s People Risk Index)
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8. PROFESSIONAL, SCIENTIFIC
& TECHNICAL SERVICES
CURRENT DEMAND
• Legal services
• Accounting, Tax
Preparation, Bookkeeping
and Payroll services
• Architectural, Engineering
and related services
• Specialized Design Services
• Management, Scientific and
Technical Consulting
Services
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9. SCIENTIFIC SERVICES
CURRENT DEMAND
• Biological technician
• Chemistry technician
• Forestry technician
• Meteorologist and
meteorological
technician
• Other professional
occupations in
physical science
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10. ENGINEERING
CURRENT DEMAND
• Civil
engineers, technologists and
technicians
• Metallurgical and materials
engineers
• Industrial and
manufacturing technologists
and technicians
• Industrial instrument
technicians
• Mapping and related
technologists and
technicians
• Mining engineers
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13. Key Industry Employers
Business, Professional & Technical
Life Sciences (Scientific Services)
Aerospace (Engineering/Manufacturing & Materials)
13
14. Key Industry Employers
Food Manufacturing
Finance (Toronto-Based Banks)
Information, Communication & Technology
14
15. Labour market information
is a stepping stone
Utilize
appropriate
Make informed employment &
employment community
Learn about the decisions services
local economy
15
19. Thank You
For more Labour market information
www.workforceinnovation.ca
www.routestoemployment.ca
Phone: 416 934 1653
Fax: 416 934 1653
215 Spadina Avenue, Suite 350
Toronto, ON M5T 2C7
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Notas do Editor
Toronto Workforce Innovation Group is a member of Workforce Planning Ontario; one of 25 local planning groups funded by the province to identify the skills training/adjustment issues in our local labour markets and work with community partners on initiatives to address those issues.We work to ensure that Toronto is prepared to meet the demands of a changing economy. Our priority is to match the skills in demand with the supply of workers available and build a resilient, competitive and talented workforce. We do this by:identifying workforce issues that are characteristic of the local community; andproviding collaborative solutions by engaging stakeholders and working with partners.
Toronto is a vibrant city, that continues to attract talent. Above are some interesting facts which reiterate this City’s uniqueness.
Labour Force Activity: Unemployment TrendsToronto's unemployment rate continues to grow and tends to be higher than those of the surrounding municipalities and most other major economic regions in Canada. (Toronto’s Management Information Dashboard: Q1-Q3, 2012 results)
According to the Toronto Immigrant Employment Data Initiative (TIEDI) from Jan 2012- Jan 2013Immigrants had notable job gains were in manufacturing sector (17,100 jobs), health care and social assistance (16,900 jobs) and educational services (13,100 jobs). While large job losses for immigrants were found in accommodation and food services (10,200 jobs), other services sectors (9,000 jobs) and construction (6,400 jobs).
Toronto's economic activity is concentrated in 10 main clusters. These clusters comprise about 37% of economic activity in the Toronto region and account for substantial employment.Each employment sector has unique industry profile shaped by economic, social, political, and environmental factors. These include new/continued economic activity/ projects, public policy changes (ex. Urban economic development, immigration), labour force characteristics, education & training credentials, and shifting market demands for particular supply of labour. * Understanding each sector profile can help you identify possible employment pathways and necessary education training, bridging programs to pursue. As well, it can provide insight on some obstacles in the local labour market.
The Toronto Region has a high concentration of Professional, Scientific and Technical Servicesemployment compared to the rest of the province. Employment in this sector in GTA accounts for 48% ofall Ontario’s jobs.Concentration of subsectorsThe proportion of this industry sector comparedto all employment is 29% higher in this region than across the province as whole. Theconcentrationis especially pronounced in Toronto and York. Toronto has extremely high concentrations of employmentin the Legal Services; Accounting, Tax Preparation; Bookkeeping and Payroll services; Architectural, Engineering and related services; Specialized Design Services; Management, Scientific and Technical Consulting ServicesLabour ForceThe Computer Systems and Legal Services subsectors are the largest job clusters in the City ofToronto, equaling approximately 30,000 jobs each. Several other subsectors, in Toronto and otherareas, have over 10,000 jobs (Census 2006)The technical and professional services cluster is among the largest in North America and continues to grow, employing 324,660 people. Women account for slightly less than one half of the workforce.An average proportion of workers are aged 45 years or older.A growing number of organizations now purchase professional and technical services from outside firms rather than employing in-house staff with such expertise.Very few of these workers have union coverage.Wages are generally above the provincial average.
Toronto is rare global location where leading-edge medical research converges with international business expertise and advanced manufacturing capabilities. One of the largest bio-clusters in the world and the 2nd largest in North AmericaSector profile: 800 + companies, 160,000+jobs, 22,000 medical care and research-related jobs, 37+ medical and related sciences research centers. Major recent investments driving the sector include: Baxter International (U.S)- in partnership with MaRS Innovation, investing up to $1 million to commercialize early-stage technologies emerging from scientific research discoveries Sanofi Pasteur(France)-opened a $101 million vaccine R&D facilaity in 2011, with $13.9 million in support from the Govt of OntarioApotex (Canada)-$627 million investment in a new state-of-the-art research, development and manufacturing facility, creating 1,500 new jobsGlaxoSmithKline(UK)- Mississauga, Launched a $50 million life sciences innovation fund to support commericalization by academic and health institutions, transnational research centres/startupsRange of specialization, concentrated in the following areas:Biotechnology-40%Healthcare facilities and Equipment-24%Healthcare services and supplies-14%Pharmaceuticals-12%Healthcare Technology-10%
Sector ProfileGTA’s aerospace industry has a proud history of innovation and technology leadership, sophisticated research capacity, a well-educated and highly skilled workforce , which ranks it among the top choice for trade and investments in Canada & Ontario’s aerospace sector. Growth in aerospace industry and engineering related jobs are driven by strong government support for R&D programs in a number of universities, colleges and labboratories.Key market segments include: Aircraft Assembly/Integration; Aero engines; Security; Space Robotics System; Simulation System; Maintenance & Repair and Overhaul; Communions Systems-Space/SatelliteLabour force characteristics GTAAerospace industry employs 22,000 people (Most are technicians, engineers, scientists…reflected in current demands)In Toronto CMA, there are 1,235 aerospace engineers and In Ontario 2,155.Education and Training Leading Academic Institutions for Aerospace study as well as advanced R&D capabilities include:UFT-Institute for Aerospace Studies (Has strong ties with Bombardier, NASA Ames and MD Robotics)Ryerson Institute for Aerospace Design and Innovation(has experiential learning experiences with Pratt&Whitney, Bombardier, Honeywell, Magellan,Messier-Dowty and Hispano-Suiza)York University( R&D initiatives linked with NASA)The Association of Colleges of Applied Arts &Technology of Ontario (2400program choices in 600 subject areas, focusing on practical training which range from aircraft manufacturing to airport services adminstration)
Toronto’s food and beverage cluster is the third largest and fastest growing-in north America.The Toronto Regional Board of Trade notes the sector as a hidden gem in our local economy with untapped potentialBakeries are the largest single type of food processing plant, and this has resulted in diverse, highquality products in this sub-sector. Meat processing is the next largest sub-sector, followed by beveragesWithin the next 10 years, employment growth rates are expected to double from current -55,000employees
Toronto is the third largest North American financial services center after New York and Chicago and is Canada's financial and business capital. With an employed workforce of roughly 232,000, Toronto's financial services sector is an engine of growth. Many financial services professional also hold a variety of designations which are attached to industry association: Certified General Accountants of Ontario(CGA); Certified Financial Planner(CFP); Certified Management Accountant(CMA); Institute of Chartered Accountants of Ontario(ICAO); Chartered Financial Analysts(CFA). Employment in the securities and credit intermediation segments are more concentrated in the Toronto Region. While insurance operations are more widely spread out across the country.
Business, Professional &Technical- taken from Canada’s 100 top employer- in GTA (no particular order)All cover top 5 segments of employment- Legal Services; Accounting, Tax Preparation, Bookkeeping and Payroll Services; Architectural, Engineering and Related Services; Specialized Design Services;Management, Scientific and Technical Consulting ServicesSources: Invest Toronto, Key Business Sector Profiles; Canada’s Top100-Greater Toronto Area, 2013
Sources: Invest Toronto, Key Business Sector Profiles; Canada’s Top100-Greater Toronto Area, 2013
Labor Market Information tells the story of the local economy. The labor market consists of:-a demand side (based on the needs of employers)-a supply side (reflects the desire of people to obtainemployment)Utlimately strive to ensure the labour market information can help both jobseekers and job developers: provide better services; make informed decisions; to help clients make informed decisions
Bridge training programs are funded to help qualified internationally educated individuals movequickly into the labour market in Ontario. These programs, addressing a variety of industries andprofessions, assess IEP’s existing skills and competencies as compared to Ontario employer expectations.They provide training and Canadian workplace experience without duplicating what IEPs learned intheir own countries. Bridging programs vary both by sector and program delivery. Some programs offercomplementary mentoring opportunities with established professionals to help the IEP becomecertified or registered in his/her field, while others include a job placement or internship opportunity.Although bridging programs vary, they can provide:1. An assessment of IEP’s education and skills;2. Clinical or workplace experience;3. Skills training or targeted academic training programs;4. Preparation for a license or certification examination;5. Language training for the specific profession; and6. Individual learning plans to identify any added training that might be needed.14In the Toronto area, bridging programs are offered by both agencies and academic institutions. Thisincludes academic institutions such as the University of Toronto, York University, Ryerson University,George Brown, Seneca and Humber College. The agencies include COSTI, ACCES, JVS Toronto, Microskills,Skills for Change, Toronto Region Conservation Authority (TRCA), and CARE for Nurses
Our strategic workforce priorities are informed by the labour market challenges, which come from our extensive consultations and community collaboration, in combination with the data analysis we do on a continuous basis. Our partnerships are still in the process of being finalized with the community. Based on our research and community consultations (including recent on Jan 15), Toronto’s Current Workforce Priorities are shaped by:Shifting Economic TerrainToronto’s labour market is defined by a large and expanding knowledge sector at the top, a small number of “middle” jobs and a number of jobs at the bottom that is comparable to those in the knowledge sector (‘HourGlass’). As we observed, employment rates and unemployment rate have risen simultaneously from Jan 12-Jan13. This employment pattern will continue as jobs are created on a contract and/or part-time basis. Due to the rising ‘precarity’ (aka labour market insecurity) Toronto’s workforce continues to seek self-employment/entrepreneurial opportunities in social enterprise. As well,Local agencies are voicing increased servicing needs to cater to mental health issues .*Action plans include: Managing Mental Health Issues in Employment Services, a series of professional development workshops with CAMH , in which Service Providers will have enhanced understanding of the resources available for clients who have mental health issues and be able to refer them to effective services2. Managing DiversityToronto’s workforce is made up one of the most diverse populations in the country. Employees, employers and government bodies are seeking out means to ensure inclusive workplaces representative and welcoming of a population that includes differences in age, ethnicity, gender, ability, sexual orientation and gender identity, immigration status and first languages.As the business case for diversity grows in an expanding multi-generational workforce, new HR policies, business practices, and customer service approaches are developed. This results in an increasing need for education and training about the needs of differing staff and customers, Canadian workplace culture, and the benefits that multiple perspectives bring to organizations.*Action plans include: Diversity Webinars with COSTI, a New web-portal for mapping Trade Routes for newcomers(like RTE)3. Digital LiteracyWith the increasing permeation of the digital world into our working lives, combined with the low cost of use, organizations are increasingly seeking out better and more efficient means to manage and enhance productivity and effectiveness. Doing so has greatly affected employee and job seeker training needs in relation to the digital literacy skills required for their current or future professions. Currently,Social media is now used by 82% of employers for recruitment and reference checking of potential employees and it continues to transform traditional job seeking methods. This is a current challenge for labour market integration than can be channeled into an opportunities through awareness and digital literacy.*Action plans include: Social media in job development curriculum with Ryerson and WhoPlusYou Database for specific groups. Our last workshop with job developers on this topic is April 16, thereafter new information and tools will be complied/dissmented4. Growing the Green EconomyToronto is the 2nd greenest city in Canada, after Vancouver. The green energy act has been credited with creating over 40,000 jobs and more are expected. Employment Ontario agencies & counselors emphasize clients are actively pursuing “green” jobs or for work that puts them into the green economy. As such, they require greater clarity on and about green skills education and training programs. Presently, the essential skills necessary for occupations in Toronto’s green economy include both generic and technical skills, and there are a number of training programs that can support the development of basic skills. See our report “Tending Green Shoots”*Action plans include: Building on Green Skills: Conference on Skills Training for the Green Economy, with Green Skills Building Council, First Work – Green Skills Network