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Undergraduate Students - June 2011

Labour Market Information

by Lisa Lin, CaPS Career Resource Consultant


This monthly bulletin aims to inform you of major news and trends in the Québec, Canada and U.S. labour markets. Your feedback is welcome caps [dot] library [at] mcgill [dot] ca.

In this issue

  • The number of unemployment applicants falls sharply in the U.S.
  • Canada added 58,000 jobs in April
  • The employment rate in Saskatchewan has dropped compared to that of last year
  • Occupational highlight: Pharmacists
  • And more!

The good news

U.S. jobless claims fall sharply
Globe and Mail, 12 May 2011
http://www.theglobeandmail.com/report-on-business/economy/jobs/us-jobless-claims-fall-sharply/article2019423/
The number of people applying for unemployment benefits dropped sharply by 44,000.

Canadian jobs, quality recover, report says
Financial Post, 10 May 2011
http://www.financialpost.com/news/Canadian+jobs+quality+recover+repor+says/4754956/story.html
Both the amount and the quality of employment in Canada have climbed back to roughly pre-recession levels.

Canada adds 58,000 jobs
Globe and Mail, 06 May 2011
http://www.montrealgazette.com/business/Canada+adds+jobs/4743396/story.html
Canada added 58,000 jobs to its workforce in April, bringing the unemployment rate down to 7.6 per cent.

 

The bad news

Closing costs 90 jobs
Montreal Gazette, May 14 2011
http://www.montrealgazette.com/health/Closing+costs+jobs/4783382/story.html
PharmaNet shuts Montreal division and employees are facing job loses.

New Canadians missing jobs recovery
Globe and Mail, 10 May 2011
http://www.theglobeandmail.com/report-on-business/economy/economy-lab/daily-mix/new-canadians-missing-jobs-recovery/article2015141/
Canada’s jobless rate is subsiding from elevated levels during the recession for most demographic groups except one –
recent immigrants.

New jobs drop in Sask.
Leader-Post, 06 May 2011
http://www.leaderpost.com/business/jobs+drop+Sask/4740790/story.html
Employment numbers in Saskatchewan hit a drought and dropped by 17,000 jobs compared to a year earlier.

 

Other news

PS jobs down, tech sector climbs
Ottawa Citizen, 07 May 2011
http://www.ottawacitizen.com/business/jobs+down+tech+sector+climbs/4742885/story.html
The unemployment rate in Ottawa and Gatineau dropped to 6.2 per cent with the biggest job addition in the technology sector.

L'emploi bondit chez les femmes de 55 ans et plus
La presse, 06 May 2011
http://lapresseaffaires.cyberpresse.ca/economie/macro-economie/201105/06/01-4396722-lemploi-bondit-chez-les-femmes-de-55-ans-et-plus.php
The employment rate has grown stronger than expected in Canada and it is women age 55 and over who benefit from this surge.

Statistics Canada - Labour Force Survey
April 2011
http://www.statcan.gc.ca/daily-quotidien/110506/dq110506a-eng.htm
Following two months of little change, employment rose by 58,000 in April, mainly in part time. The unemployment rate edged down 0.1 percentage points to 7.6%. Compared with April 2010, employment has grown by 283,000 (+1.7%).
Statistics Canada – Payroll employment, earnings and hours
February 2011 (preliminary)
http://www.statcan.gc.ca/daily-quotidien/110428/dq110428a-eng.htm
Between February 2010 and February 2011, average weekly earnings of non-farm payroll employees rose by 4.0% to $874.83. In comparison, average weekly earnings increased by 2.7% between February 2009 and February 2010.

Statistics Canada – Employment Insurance
February 2010
http://www.statcan.gc.ca/daily-quotidien/110418/dq110418b-eng.htm
In February, 628,900 people received regular Employment Insurance (EI) benefits, down 8,300 (-1.3%) from January and a fifth consecutive monthly decrease. The number of beneficiaries declined in all provinces except Prince Edward Island.

 


Occupational highlight

Pharmacists (NOC code 3131)
http://www.servicecanada.gc.ca/eng/qc/job_futures/statistics/3131.shtml

Community pharmacists and hospital pharmacists compound and dispense prescribed pharmaceuticals and provide consultative services to both clients and health care providers. They are employed in community and hospital pharmacies, or they may be self-employed. Industrial pharmacists participate in the research, development, promotion and manufacture of pharmaceutical products. They are employed in pharmaceutical companies and government departments and agencies

Job prospects in this occupation are good.  In the last few years, the number of pharmacists has grown sharply. Employment growth in this occupation depends primarily on the degree of prescription drug use, developments in the field of practice of pharmacists and the number of pharmacy graduates. The sharp increase should continue over the next few years.

For a complete profile of this and other occupations, visit Career Cruising http://www.careercruising.com/Default.aspx. Contact us at caps [dot] library [at] mcgill [dot] ca for the username and password or login to myFuture https://csm-caps.mcgill.ca/students/index.php and search for Career Cruising under Shortcuts – View Career Resources.

 

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