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Get the
Labour
Market
Edge
What do you
know about
London’s
Labour
Market?
Welcome
to…
Workshop Objectives…
 Improve on our understanding of what the Labour
Market is, and its’ relationship to employment.
 Learn more about some of the Tools, Techniques
and Resources available to assist in researching the
Labour Market, and more specifically the Local and
Regional Labour Market.
 Learn to use Labour Market Information in the
career decision making process, and for job search.
 Learn how to conduct an Informational Interview.
 Discuss Networking techniques, and how to use
them for Labour Market Research and job search.
Let’s Get to Know Each Other!
1) Name, where’d you grow up, and where else lived?
2) What kinds of work have you done so far, and what
kind(s) of work are you looking for now?
3) What would you really “like” to be doing in 3 years?
4) Dream Job? (What would you like to do for a living IF
money & education were not an issue?!?)
5) One question you want help answering
today about the London Labour Market?
Please interview your partner, ask these questions,
and be prepared to introduce them to the rest
of the group in about 5-10 minutes.
Group Guidelines
 Confidentiality – what we talk about & discuss today
stays in the room - please
 Respect for differing opinions
 and alternative world views
 Participation – comfort level
 Open Mind to new ideas
 Ask a Question any time
 Any more thoughts to add?
What do you need to know
and learn about Southwest
Ontario’s labour market?
“Labour Market Edge” Workbook
and the
“Research Planning Worksheet”
Career
Development
Phases
Values
Needs & Preferences
Personal Traits & Characteristics
Work & Life Experiences
Health
Aptitudes & Skills
Hopes & Dreams
Interests
Wages & Income
Physical Requirements
Hours of Operation
Educational Requirements
Environment
Occupational Demand
Benefits & Perks
Economic Trends
Labour Market Trends
Industry Information
Location
Decide on a Goal
Create an Action Plan
Put Action Plan
Into Motion
THE LABOUR MARKET
 Basically and simply it’s the study of
Supply and Demand (i.e. selling & buying)
 Influenced by various Factors and Trends
that change over time; sometimes quickly
 It’s made up of People; Employed, Under-
Employed, Unemployed, Employers, Self-
Employed, and also those considering
entering or re-entering the Workforce
6 PRIMARY FACTORS THAT AFFECT
THE LABOUR MARKET
1) Labour Market and Social Trends
2) Economic and Political Changes
3) Occupational Information & Research
4) Labour Market Skills Demand
5) Labour Market Information Resources
6) Education and Training Requirements
Labour Market and Social Trends
Trends vs. Fads???
“Trends” in the Labour Market
 Technology and Globalization
 Environmental Concerns and Changes
 Workplace Changes (e.g. Non-Standard
Employment, Self-Employment, etc.)
 Leisure/Lifestyle and Well-Being
 Industrial Changes (Goods vs. Services)
 Demographic Changes
TECHNOLOGY
 How do people feel about technology?
 What are the overall impacts on Society?
 What kinds of jobs are disappearing?
 What kinds of jobs are being created?
http://www.techalliance.ca/
www.ledc.com
ENVIRONMENT
http://environment.nationalgeographic.com/environment/sustainabl
e-earth/11-of-the-fastest-growing-green-jobs/
www.goodwork.ca/jobs
www.workgreen.ca
NON STANDARD EMPLOYMENT
 Contract Work
 Temp Work
 Several Part Time Jobs
 Self Employment
 Working From Home
 What is Today’s Standard?? Tomorrow’s??
www.labour.gov.on.ca/english/
LEISURE/LIFESTYLE/WELL BEING
WHAT MIGHT BE THE POTENTIAL IMPACTS ON LOCAL
OCCUPATIONS, SERVICES AND INDUSTRY?
www.statcan.gc.ca/start-debut-eng.html
ECONOMIC AND POLITICAL
TRENDS IMPACTING OUR
LABOUR MARKET
 Stimulus money?
 Government Policy?
 Taxation levels?
 Globalization?
 Trade Agreements?
 Industrial shifts?
 Anything else???
http://www.conferenceboard.ca/topics/economics/default.aspx
INDUSTRIAL SHIFTS
Goods vs. Services Groups
- 100 Years ago….2 out of 3 workers in South
Western Ontario worked in manufacturing;
the “GOODS” producing sector
- Today?... Approximately only 1 in 4 now
work in the production of “GOODS”… many
more jobs created in the area of “SERVICES”
DEMOGRAPHICS
http://www.footwork.com/pyramids.asp
LMI RESEARCH SKILLS
LABOUR MARKET SKILLS
 All Labour Market Trends
can lead to Opportunities!!!
 Determining what these trends
are also means having to learn
to identify the skills and training
needed to participate in these
Opportunities; improving and
enhancing your ability to stay
employed, and doing the kinds
of work you really want to do.
FORECASTING
 Occupational forecasting = Voodoo?
 What’s The “Best” kind of job in the future???
The # of Current Jobs + Growth + Turnover
= # of probable Opportunities
 How does London’s
Turnover Rate compare
with other cities?
Slower or Faster?
The Labour Market
Jobs on the Way Out?
Jobs on the Way In?
THE HIRING LADDER
(especially true in a tight economy)
1) Boss hires someone they know will “fit” in
(and who will probably cause them the least amount of grief)
2) Boss hires someone a Co-Worker knows
(Word-of-Mouth and Trusted Recommendation)
3) Boss hires from Applicant Bank
(those who sought the Employer out before need arose and
made a good presentation warranting at least an Interview)
4) Boss hires through Temp Agency or School
(let them look after all this, saving me Time, Money, Energy )
5) Boss places an Ad and starts the process
(“Oh oh… Yikes! here come the Thundering Hordes!”)
NETWORKING 101
 It is not who you know.
It is really about who
knows you.
To get to the “truth”,
to find what is
really happening
in your area, you need
to be talking to those
who actually know.
If they don’t know,
then they often know
someone who does.
EDUCATION/TRAINING
 KEY = Improving Skills and Staying Current
 Apprenticeship – not just for young people anymore
 College/University – Continuing Education courses
 Private Career Colleges – fast and expensive
 Specific Skills Training (Forklift Certification, etc.)
 Professional Association accreditation
 On the Job! Request the opportunity!
 HAVE A LEARNING PLAN READY BEFORE ANY
INTERVIEW WITH ANY POTENTIAL EMPLOYER!!!
How is Training delivered?
 Full or Part time – evenings, on-line, at home
 In class on-site, ling distance learning
 Virtual and On-Line degrees and certificates
 Seminars/Conferences/Workshops/Webinars
 Informal (e.g. reading, workshops, Internet,
experience, volunteering, on-the-job, etc.)
 Others????
THE PROJECT!!
 The Project is in the workbook
 Pick an Occupational Title you want to research
and follow the directions in the workbook
 Website resources are listed in your workbook
 Bring the results to your next appointment with
your Employment Counsellor

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LME powerpoint2 - revised July 2015 tc

  • 1. Get the Labour Market Edge What do you know about London’s Labour Market? Welcome to…
  • 2. Workshop Objectives…  Improve on our understanding of what the Labour Market is, and its’ relationship to employment.  Learn more about some of the Tools, Techniques and Resources available to assist in researching the Labour Market, and more specifically the Local and Regional Labour Market.  Learn to use Labour Market Information in the career decision making process, and for job search.  Learn how to conduct an Informational Interview.  Discuss Networking techniques, and how to use them for Labour Market Research and job search.
  • 3. Let’s Get to Know Each Other! 1) Name, where’d you grow up, and where else lived? 2) What kinds of work have you done so far, and what kind(s) of work are you looking for now? 3) What would you really “like” to be doing in 3 years? 4) Dream Job? (What would you like to do for a living IF money & education were not an issue?!?) 5) One question you want help answering today about the London Labour Market? Please interview your partner, ask these questions, and be prepared to introduce them to the rest of the group in about 5-10 minutes.
  • 4. Group Guidelines  Confidentiality – what we talk about & discuss today stays in the room - please  Respect for differing opinions  and alternative world views  Participation – comfort level  Open Mind to new ideas  Ask a Question any time  Any more thoughts to add?
  • 5. What do you need to know and learn about Southwest Ontario’s labour market? “Labour Market Edge” Workbook and the “Research Planning Worksheet”
  • 6. Career Development Phases Values Needs & Preferences Personal Traits & Characteristics Work & Life Experiences Health Aptitudes & Skills Hopes & Dreams Interests Wages & Income Physical Requirements Hours of Operation Educational Requirements Environment Occupational Demand Benefits & Perks Economic Trends Labour Market Trends Industry Information Location Decide on a Goal Create an Action Plan Put Action Plan Into Motion
  • 7. THE LABOUR MARKET  Basically and simply it’s the study of Supply and Demand (i.e. selling & buying)  Influenced by various Factors and Trends that change over time; sometimes quickly  It’s made up of People; Employed, Under- Employed, Unemployed, Employers, Self- Employed, and also those considering entering or re-entering the Workforce
  • 8. 6 PRIMARY FACTORS THAT AFFECT THE LABOUR MARKET 1) Labour Market and Social Trends 2) Economic and Political Changes 3) Occupational Information & Research 4) Labour Market Skills Demand 5) Labour Market Information Resources 6) Education and Training Requirements
  • 9. Labour Market and Social Trends Trends vs. Fads???
  • 10. “Trends” in the Labour Market  Technology and Globalization  Environmental Concerns and Changes  Workplace Changes (e.g. Non-Standard Employment, Self-Employment, etc.)  Leisure/Lifestyle and Well-Being  Industrial Changes (Goods vs. Services)  Demographic Changes
  • 11. TECHNOLOGY  How do people feel about technology?  What are the overall impacts on Society?  What kinds of jobs are disappearing?  What kinds of jobs are being created? http://www.techalliance.ca/ www.ledc.com
  • 13. NON STANDARD EMPLOYMENT  Contract Work  Temp Work  Several Part Time Jobs  Self Employment  Working From Home  What is Today’s Standard?? Tomorrow’s?? www.labour.gov.on.ca/english/
  • 14. LEISURE/LIFESTYLE/WELL BEING WHAT MIGHT BE THE POTENTIAL IMPACTS ON LOCAL OCCUPATIONS, SERVICES AND INDUSTRY? www.statcan.gc.ca/start-debut-eng.html
  • 15. ECONOMIC AND POLITICAL TRENDS IMPACTING OUR LABOUR MARKET  Stimulus money?  Government Policy?  Taxation levels?  Globalization?  Trade Agreements?  Industrial shifts?  Anything else??? http://www.conferenceboard.ca/topics/economics/default.aspx
  • 16. INDUSTRIAL SHIFTS Goods vs. Services Groups - 100 Years ago….2 out of 3 workers in South Western Ontario worked in manufacturing; the “GOODS” producing sector - Today?... Approximately only 1 in 4 now work in the production of “GOODS”… many more jobs created in the area of “SERVICES”
  • 19. LABOUR MARKET SKILLS  All Labour Market Trends can lead to Opportunities!!!  Determining what these trends are also means having to learn to identify the skills and training needed to participate in these Opportunities; improving and enhancing your ability to stay employed, and doing the kinds of work you really want to do.
  • 20. FORECASTING  Occupational forecasting = Voodoo?  What’s The “Best” kind of job in the future??? The # of Current Jobs + Growth + Turnover = # of probable Opportunities  How does London’s Turnover Rate compare with other cities? Slower or Faster?
  • 21. The Labour Market Jobs on the Way Out? Jobs on the Way In?
  • 22. THE HIRING LADDER (especially true in a tight economy) 1) Boss hires someone they know will “fit” in (and who will probably cause them the least amount of grief) 2) Boss hires someone a Co-Worker knows (Word-of-Mouth and Trusted Recommendation) 3) Boss hires from Applicant Bank (those who sought the Employer out before need arose and made a good presentation warranting at least an Interview) 4) Boss hires through Temp Agency or School (let them look after all this, saving me Time, Money, Energy ) 5) Boss places an Ad and starts the process (“Oh oh… Yikes! here come the Thundering Hordes!”)
  • 23. NETWORKING 101  It is not who you know. It is really about who knows you. To get to the “truth”, to find what is really happening in your area, you need to be talking to those who actually know. If they don’t know, then they often know someone who does.
  • 24. EDUCATION/TRAINING  KEY = Improving Skills and Staying Current  Apprenticeship – not just for young people anymore  College/University – Continuing Education courses  Private Career Colleges – fast and expensive  Specific Skills Training (Forklift Certification, etc.)  Professional Association accreditation  On the Job! Request the opportunity!  HAVE A LEARNING PLAN READY BEFORE ANY INTERVIEW WITH ANY POTENTIAL EMPLOYER!!!
  • 25. How is Training delivered?  Full or Part time – evenings, on-line, at home  In class on-site, ling distance learning  Virtual and On-Line degrees and certificates  Seminars/Conferences/Workshops/Webinars  Informal (e.g. reading, workshops, Internet, experience, volunteering, on-the-job, etc.)  Others????
  • 26. THE PROJECT!!  The Project is in the workbook  Pick an Occupational Title you want to research and follow the directions in the workbook  Website resources are listed in your workbook  Bring the results to your next appointment with your Employment Counsellor