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Undergraduate Students - January 2014

The full version of the January CAPSScoop can be found by clicking here.

Articles in this edition

Alumni Interview -Jonathan Ferrari Co-Founder of MTL Capital

Labour Market Information


Articles


Alumni Interview - Jonathan Ferrari Co-Founder of MTL Capital

By Zoha Azhar, U3 Bachelor of Arts (Economis and Political Science) and CaPSScoop Journalist

Jonathan Ferrari is the co-founder of MTL Capital here in Montreal. For the December CaPS Scoop I interviewed his partner Neil Cuggy. Jonathan has an energetic and dynamic personality and likes working with people with the same passion and drive. He graduated from McGill University with a Bachelors degree in Commerce in 2010. He sat down with me recently and talked about his university and work experiences over a cup of coffee.

The morning began with a handshake. And introductions, of course. Followed by an imperative commentary on the Canadian weather. I began by asking him how he got his first job because he had mentioned that he did not have one lined up right after graduation like some others had. He told me that he had to take a proactive approach which meant contacting people and meeting with them personally to talk about the particular firm and possible employment. He said, “You can find out people’s contact information on LinkedIn, or the company website, or by reference by a peer, and arrange to meet with them to discuss your options.” He mentioned how he came to know of a vacancy before anyone else because the person he was having lunch with told him he would be leaving soon and that Jonathan should send his CV in. Such methods of informal recruitment can give you exclusive access to very valuable information and land you a job.

We then chitchatted about his university days and exchanged tales and I got around to asking him what valuable skill he took away from McGill. He replied and said that having the knowledge and technical skill related to his field gave him a boost of confidence. He said, “Knowing that you can get to the root of the problem or solve a case study on your own gives you so much confidence.” And that confidence is infectious, because I think a bit of it seeped into me when he wasn’t looking. He added, “Friends, too, I met some of my best friends at McGill, and we still maintain that network in our professional lives as well.”

I asked Jonathan what was different now than when he was in university, and if the transition to the workplace affected him in anyway. He revealed that feedback and how it is given is a lot different in each of the two settings: “Feedback in university generally highlighted areas in which you succeeded rather than where you fell through.” Probably for motivational purposes and gentle encouragement, I suppose. He continued, “Feedback at work generally involves a lot of lightly sugarcoated criticism- they usually tell you areas you can improve in and where you went wrong.” I guess that’s their way of subtly hinting that you’re not in Kansas anymore.

Another aspect that is very different in the two environments is the contrast of theoretical versus practical applications. The way in which theory translates into real-life situations and brings about real-life consequences is very different than how it is studied in the classroom. He mentioned, “The internships I took part in over my university years really helped in this regard- they helped bridge the gap between the two worlds because I gained some practical experience before I officially entered the workforce.”

With the interview coming to a close, I asked him that now he’s an employer instead of an employee, what he feels is essential to maintaining a healthy relationship with his staff. He responded, “Knowing that you don’t know everything.” He remarked that it is always a humbling experience, and that you need to be open to new ideas and different thoughts. I ended by asking him what he feels is vital to maintaining his career. He revealed that he retains the unrelenting drive to discover- to keep asking the question, “What’s next?” That question has forever been furthering mankind’s progress on the timeline of exploration, revealing new ideas and thoughts and innovation. We sincerely hope that Mr. Ferrari finds the same inspiration that drives him and a successful beginning to his new adventure.


Labour Market Information bulletin – January 2014

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 caps [dot] library [at] mcgill [dot] ca (feedback )is welcome.

In this issue

  • Canadian employment growth continues – but soft spots remain
  • Strong U.S. jobs numbers put focus on Fed
  • Occupational highlight: Veterinarians
  • Lisa’s Corner: STeXX.eu

News

Canadian employment growth continues – but soft spots remain
The Globe and Mail, 06 December 2013
http://www.theglobeandmail.com/report-on-business/economy/jobs/canadian-hiring-edges-ahead-jobless-rate-steady/article15800733/
The Canadian economy has created jobs for four months in a row, with the labour market composition tilting to private companies and the self-employed as the public sector sheds workers.

Strong U.S. jobs numbers put focus on Fed
The Globe and Mail, 06 December 2013
http://www.theglobeandmail.com/report-on-business/economy/jobs/united-states-adds-203000-jobs-unemployment-falls-to-7-per-cent/article15800150/
With U.S. unemployment falling to 7%, renewed debate expected at central bank over tapering timeline.

Euro-Area Unemployment Unexpectedly Drops Amid Recovery Bloomberg, 29 November 2013
http://www.bloomberg.com/news/2013-11-29/euro-area-unemployment-unexpectedly-drops-amid-recovery.html
Euro-area unemployment unexpectedly declined in October in a sign that a nascent recovery is starting to show its effect on the labor market.

 Saskatchewan has highest job vacancy rate in Canada
Leader-Post, 26 November 2013
http://www.leaderpost.com/business/Saskatchewan+highest+vacancy+rate+Canada/9215318/story.html
Saskatchewan continues to have the highest job vacancy rate in Canada in the third quarter at four per cent, up from 3.9 per cent the previous quarter, according to the Canadian Federation of Independent Business (CFIB) help-wanted report.

 Cisco Canada to invest up to $4-billion in Ontario to create up to 1,700 high-tech jobs
Financial Post, 13 December 2013
http://business.financialpost.com/2013/12/13/cisco-ontario-jobs-investment/?__lsa=e504-ceb1
Ontario’s Liberals are handing up to $220-million to Cisco Canada as part of a deal that could see the high-tech giant invest as much as $4-billion and create thousands of jobs in the province over the next decade.


Statistics & Studies

Statistics Canada – Labour Force Survey
November 2013
http://www.statcan.gc.ca/daily-quotidien/131206/dq131206a-eng.htm

Employment continued on a slight upward trend for the third consecutive month, edging up 22,000 in November. The unemployment rate held steady at 6.9% for the third month in a row.

Statistics Canada - Payroll employment, earnings and hours
September 2013
http://www.statcan.gc.ca/daily-quotidien/131127/dq131127a-eng.htm
Average weekly earnings of non-farm payroll employees were $918 in September, little changed from $915 the previous month. On a year-over-year basis, weekly earnings increased 1.9%.


Occupational highlight

Veterinarians (3114)
http://www.servicecanada.gc.ca/eng/qc/job_futures/statistics/3114.shtml

Veterinarians prevent, diagnose and treat diseases and disorders in animals and advise clients on the feeding, hygiene, housing and general care of animals. Veterinarians work in private practice or may be employed by animal clinics and laboratories, government or industry.

Job prospects in this occupation are good.  Over the last few years, the number of veterinarians has grown sharply. This increase can be explained primarily by the rise in demand for veterinary services for pets and by a relatively high number of graduates entering the labour market. Since these trends are expected to continue, the number of veterinarians should continue to increase sharply over the next few years.

For a complete profile of this and other occupations, visit Career Cruising http://public.careercruising.com/ca/en
Please first login at the top of this page Career Periodicals & Databases http://www.mcgill.ca/caps/students/resource-centre/database to obtain the username and password for Career Cruising


Lisa’s Corner

STeXX.eu http://www.stexx.eu/

Are you thinking to pursue your graduate study in Europe?  Not sure where to find a list of programs or universities?  Want to learn more about what others have to say about their study experience in Europe?  Student Experience Exchange (STeXX.eu) is a social platform where you can read more about other students' study experiences and reviews of their universities.  This site also offers a list of databases where you can find and compare programs (Masters, Bachelors, PhDs, Short courses) across Europe.