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Opportunities in Toronto’s job market
A new report from LinkedIn Corp. says that Toronto has a surplus of workers with banking, legal and other financial-services-related skills.
The social-networking website is seeking to identify gaps in Toronto’s labour market, and said the “most abundant skills” in the city are banking, legal advice, risk management, mortgage financing, trading, investing and accounting.
Meanwhile, skills that are scarce include health-care management, education, non-profit fundraising, nursing, construction, marketing-event management, green-building construction, criminal law and “Microsoft Windows Systems”, or capabilities it said are associated with entry-level professionals.
The report, which is based on information from LinkedIn profiles in Toronto, said the information is designed to help workers “better navigate” their careers.
It comes as policy makers and workers try to figure out which skills are needed in today’s labour market.
When tens of thousands of people in the oil patch lost their jobs during the commodities slump, Ottawa provided additional funds to help workers retrain and learn new skills. But many have not been able to find new jobs, much less switch careers successfully.
“We have a situation where we have workers without jobs and jobs without workers. There is real strain,” said Craig Alexander, chief economist with the Conference Board of Canada. Read more…
