Presentation on theme: "Trends in the Youth Job Market"— Presentation transcript:
1 Trends in the Youth Job Market With a focus on the Toronto Area
2 The Challenge: Canada 2002-2007 Over the next five years almost 1,000,000 new jobs will be created in Canada.Retirements will provide an additional 1,000,000 job openings.About 2/3rds of these jobs will require higher education or training, including training on the job.
5 The Double CohortIn 1999, post-secondary participation rate was 60%, leaving 40% of 18 year old youth in the labour marketIn Ontario, due to the double cohort, we estimate that there will be an 11% labour force increase for 18 year olds seeking full time work in 2003Will further disadvantage those who have not completed high school.
6 ECONOMIC GROWTH * GDP Forecast Source: GDP: Conference Board of Canada. Employment: Statistics Canada Labour Force Survey*Based on first 3 quarters of 2002
8 Toronto Employment Grew by 5% from 2000-2002 Faster Growth:Manufacturing.Finance, insurance, real estate and leasing.Accommodation and food services.ConstructionSlower Growth:Transportation and warehousing.Retail and wholesale trade.Professional, scientific and technical services.
9 Source: Statistics Canada Labour Force Survey TradeProfessional, scientific and technical servicesFinance, insurance, real estate and leasingHealth care and social assistanceEducational servicesAccommodation and food servicesInformation, culture and recreationTransportation and warehousingManagement of companies and administrative and other support servicesOther servicesPublic AdministrationSource: Statistics Canada Labour Force Survey
10 Where do Youth Work?Youth work in all sectors but some industries have higher concentrations of entry opportunities
13 Entry Level Jobs in the Service Sector with Good Employment Prospects Truck driversCustomer service and information clerksNurses aides and orderliesConstruction labourersVisiting homemakersManufacturing labour
14 What skills are required? According to HRDC analysis of Toronto Job Advertisements through our Workwaves project, employers are looking for the following skills:
15 Core Skills Communications. Personal management (flexible, positive attitude, self-motivation).Thinking/Planning/Organizing.Interpersonal (people skills/networking).Teamwork (leadership).Numeracy.Multilingualism an asset in global economyComputer literacy
16 Fostering Core Skills We must remove barriers to employment We must work together to help youth get the information and gain the skills, work experience and abilities they need to make a successful transition to the workplace
17 Meeting the ChallengeFewer future entrants to the labour market, so employers need to look at how to utilize unemployed youth to meet their demandsPromote on-the-job work experience and skill develop opportunities leading to continuous learning
18 Meeting the ChallengeIntegrating unemployed youth into the knowledge economy is not easy…However it is imperative to provide every Canadian with the opportunity to participate fully in the workplace and the community…And as our society ages, we will require their contribution.We must make extra efforts to address this group in unanticipated economic situations
19 Some useful websites http://www.hrdc.gc.ca/career