In the face of skilled talent gaps, particularly in critical digital infrastructure roles, employers can benefit significantly from hiring and training candidates from adjacent industries. These candidates often possess transferable soft skills and mindsets that are highly valuable. This guide aims to provide context on how to do so and a successful case study within the real-world context.
June Labour Lowdown
Employment Conditions Improve in May
After months of lagging behind other regions of Canada in job creation, Toronto led the country by adding over 30,000 jobs in May. Unemployment ticked lower to 8.3% while the employment rate increased from 60.4% from 59.8%. Unfortunately, Toronto’s unemployment rate of 8.3% remains well above the national average of 6.2%.
Decoding the Drivers: How Toronto’s Insurance Market is Evolving?
Toronto stands as a key player in Canada’s financial landscape, hosting a robust insurance sector marked by major national and international firms. This hub of activity fosters a competitive setting ripe for insurtech startups, fueled by technological advances in AI
March Labour Lowdown
Across Canada, labour market conditions largely held with the employment numbers holding steady along with unemployment rates. Unfortunately, the Toronto labour market did not fare as well as the rest of Canada. The unemployment rate in Toronto increased 1.7 percentage points to reach 7.5% in March.
How to: Guide to Building Employee Resilience
Building resilience in employees is key to maintaining a healthy, productive work environment. By implementing these recommended steps, employers can significantly enhance the resilience of their employees, leading to a more adaptable and robust workforce.
Factors Impacting Employability to Address Barriers to Employment
Understanding and addressing employability barriers is crucial for employers to tap into a wider talent pool and enhance workforce efficiency.
How to: Approach Filling Hot Jobs in Innovative Ways
By adopting these 10 strategies, employers can not only fill vacancies more effectively but also build a more diverse and dynamic workforce.
How to: Retaining Women in the Workforce
Women are three times as likely to leave high-contact jobs during a crisis, those jobs were disproportionately affected by the pandemic and women specifically often hold high contact roles like teachers, retail associates or hospitality roles.
February Labour Lowdown
Toronto’s unemployment rate jumped to 8.2% last month, an increase of 0.7% from January 2024. The employment rate dipped by 0.4% to 59.8% while labour force participation rates stood steady at 65.2%. Statistic Canada notes that the increase in unemployment
How to: Childcare Support for Working Parents
Common barriers that working parents encounter are limited availability at childcare centres, accessibility issues including transportation, high costs, and rigid schedules leading to long commutes. A Statistics Canada survey revealed that 42% of working parents delayed returning to work due to difficulties in finding childcare, and among those seeking childcare, over 50% faced challenges with finding care, with parents of children under one year being the most affected.