Toronto's Local Labour Market Update-April 2013

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  • Toronto Workforce Innovation Group is a member of Workforce Planning Ontario; one of 25 local planning groups funded by the province to identify the skills training/adjustment issues in our local labour markets and work with community partners on initiatives to address those issues.We work to ensure that Toronto is prepared to meet the demands of a changing economy. Our priority is to match the skills in demand with the supply of workers available and build a resilient, competitive and talented workforce. We do this by:identifying workforce issues that are characteristic of the local community; andproviding collaborative solutions by engaging stakeholders and working with partners.
  • Toronto is a vibrant city, that continues to attract talent. Above are some interesting facts which reiterate this City’s uniqueness.
  • This Chart provides the average net migration data for Toronto, breaking the numbers down by age category. The greatest incidence of in-migration for Toronto is among 25-44 year olds, those of prime working age. The data show a very high influx of 18-24 year olds that come to the city to attend post-secondary institutions and a net out-migration among the other three age categories (0-17 year olds, 45-64 year olds and 65 years and old ) A recent report by TD economics calls the in-migration to the city “the attraction of convenience”. A recent migration trend indicates that many highly-skilled and educated young people attracted by employment opportunities, shorter commute times and access to the city’s transit system, are moving to the city’s core area. This segment of population is much more likely to switch jobs or careers to facilitate their commute or work arrangements.
  • Labour Force Activity: Unemployment TrendsToronto's unemployment rate continues to grow and tends to be higher than those of the surrounding municipalities and most other major economic regions in Canada. (Toronto’s Management Information Dashboard: Q1-Q3, 2012 results)
  • Between June 2011 and June 2012, Toronto’s employment trends in business establishments (employers) indicated:The number of small firms (1-19 employees) increased slightly by 1.84%. The number of medium-sized firms increased at a greater pace. Highest increases occurred with firms employing 50-99 employees.The number of employers dropped by about 1% in the Toronto area versus 0.49% that was experienced in the rest of Ontario.Above chart indicates the Top 5 Industries with a high concentration of employment in SMEs
  • Toronto's economic activity is concentrated in 10 main clusters. These clusters comprise about 37% of economic activity in the Toronto region and account for substantial employment.Each employment sector has unique industry profile shaped by economic, social, political, and environmental factors. These include new/continued economic activity/ projects, public policy changes (ex. Urban economic development, immigration), labour force characteristics, education & training credentials, and shifting market demands for particular supply of labour. * Understanding each sectors profile through our multi-sectoral research can help map pathways into and across Toronto’s labour market in a shifting economy.-Newcomers/immigrants need to understand the possible pathways they may take, the obstacles they may face, the ideas them may use-Potential newcomers need a bigger and better picture of the labour market situation in the city where they want to move to. -Community service providers, front line workers need information that will help their clients find relevant work; such information may also help them make the case for new training initiatives.
  • The real estate sector is an important source of income and employment in Toronto. The sector was only slightly impacted by the 2009 economic downturn, but housing prices in Toronto continue to rise. The real estate market in Toronto is one of the two strongest in Canada, the other is Vancouver. Toronto’s powerful financial industry, diverse population and businesses contributed to a strong real estate market in 2011 and early 2012. Toronto continues to experience significant urban development in the industrial, commercial/retail, residential and institutional sectors.This development boom has been fueled by population growth in recent years. Flows of immigration into the city have been and will remain the lifeblood for housing demand, commercial and multifamily developments. The commercial real estate sector contributes directly and indirectly to Toronto’s economy through the following mechanisms:-Development and construction of commercial properties such as industrial buildings, office buildings and shopping centres;-Improvements to buildings on an on-going basis;-On-going management of commercial properties by professional companies, which generates billions of dollars in economic activity.Labour Force characteristics:The majority of workers in this sector are in sales and service occupations, primarily working as real estate agents or brokers, property administrators, janitors, building superintendants and other service clerks.For 2013, minimal market growth of 3% is expected given adverse impacts from changes in real estate guidelines. As well, technological advancements will reduce the need for front-line employees.
  • The Construction Sector Council anticipates a tighter labour market between 2015 and 2018 for occupations related to non-residential construction. Thousands of new construction jobs should be created in Toronto with the start of large projects including work on the 2015 Pan American Games and Toronto's transit system. Many jobs in construction are connected to the interest in sustainable, green buildings as Toronto continues to lead in LEED certified building. An increase in jobs in the utilities sector is connected to the growth in construction and the interest in sustainable energies,which is influencing the development of new specializations in the trades. Key Green Industry Jobs in demandExternal insulation finishing system mechanicsSolar installer, geothermal installers, and green roof specialistsBoilermakers.Construction millwrights and industrial mechanics.Crane operators.zzzzzzElectricians, including industrial and power system.Refrigeration and air conditioning mechanics.Sheet metal workers.Steamfitters, pipefitters and sprinkler system installers.Tile setters. Welders and related machine operators.
  • Toronto is the third largest film and television production centre in North America, after Los Angeles and New York and has been named "Hollywood North". $1.13 billion was spent on film and television productions shot in Toronto in 2011The film industry is a vibrant component of Toronto’s culture sector and a major growth industry in Toronto. This growth impacts Toronto in two ways, both through economic benefit and job creation. A film or television production can have the same economic impact on a community in a matter of weeks that takes a good sized manufacturing industry operating for a full year.  Toronto is the headquarters of the unions, guilds and associations that provide the talent and technical expertise for production. The impact of the film industry on the economy is also two-fold: it is comparable to tourism because the hospitality sector is directly affected and at the same time creates jobs through hiring of specialized crews and skilled workers. The sector is also linked to the education sector through training and incubation at colleges and universities. 
  • This sector comprises establishments primarily engaged in publishing newspapers, periodicals, books,databases, software, and other works. These works are characterized by intellectual creativity andare protected by copyright and/or property laws. Publishers distribute, or arrange for the distributionof, copies of these works. The sector is balanced between the two trends of traditional paper-basedand electronic publishing.The sector is vulnerable to the digital transformation taking place in design/formatting and productiontechnologies. The product goes through a lifecycle, from its conception to the final output, now, inthe majority of cases, exclusively digital. Even the advertising process happens on digital platforms,and online tools are being used to attract consumers.• Ontario’s magazine industry contributes approximately $740M to the provincial economy.• It contributes to other sectors by creating jobs in printing, distribution, fulfillment, advertisingand retail.
  • As always our strategic workforce priorities are informed by the labour market challenges, which come from our extensive consultations and community collaboration, in combination with the data analysis we do on a continuous basis. Our partnerships are still in the process of being finalized with the community. Based on our research and community consultations (including recent on Jan 15), Toronto’s Workforce Priorities are shaped by:Shifting Economic TerrainToronto’s labour market is defined by a large and expanding knowledge sector at the top, a small number of “middle” jobs and a number of jobs at the bottom that is comparable to those in the knowledge sector (‘HourGlass’). The jobs are often contract and/or part-time and, increasingly, potential workers are looking tocreate their own small enterprise. Agencies are struggling with how to best serve clients with mental health issues resulting from diminishing access to service due to shrinking program budgets.*Action plans include: Managing Mental Health Issues in Employment Services, a series of professional development workshops with CAMH , in which Service Providers will have enhanced understanding of the resources available for clients who have mental health issues and be able to refer them to effective services2. Managing DiversityToronto is one of the most diverse cities in the world. Employers and HR managers are looking for information about managing an increasingly diverse workforce in terms of age, ability, cultural background, religion, country of origin.*Action plans include: Diversity Webinars with COSTI, a New web-portal for mapping Trade Routes for newcomers(like RTE)3. Digital LiteracyAs electronic mediums increasingly saturate our working lives, basic e-literacy competencies are becoming more sophisticated. Social media is now used by 82% of employers for recruitment and reference checking of potential employees. *Action plans include: Social media in job development curriculum with Ryerson and WhoPlusYou Database for specific groups. Our last workshop on this topic is April 124. Growing the Green EconomyToronto is the 2nd greenest city in Canada, after Vancouver. The green energy act has been credited with creating over 40,000 jobs and more are expected. Employment Ontario agencies & counselors emphasize clients are actively pursuing “green” jobs or for work that puts them into the green economy. As such, they require greater clarity on and about green skills education and training programs. Presently, the essential skills necessary for occupations in Toronto’s green economy include both generic and technical skills, and there are a number of training programs that can support the development of basic skills. See our report “Tending Green Shoots”*Action plans include: Building on Green Skills: Conference on Skills Training for the Green Economy, with Green Skills Building Council, First Work – Green Skills Network
  • Toronto's Local Labour Market Update-April 2013

    1. 1. Mapping Toronto’s labour marketYouth Employment Partnerships, City of Toronto, Breakfast Workshop Session-April 2013
    2. 2. Toronto Workforce Innovation Group2
    3. 3. Local Labour Market Information3
    4. 4. Toronto Highlights4• Toronto ranked 12th of 120 global cities(Hot Spots: Benchmarking Global City Competitiveness, The Economist)• Toronto ranked 4th among Worlds Top Tech Hubs by Startup Genome, aproject that aims to increase the success rate of start-ups and acceleratethe pace of innovation globally• A major economic engine of the country with 83,000 businesses• Major employment clusters: Food services, Financial services, ICT, GreenIndustry, Fashion, Film, Hospitality and Tourism and Life Sciences• 2nd Greenest Canadian City in Leading the Fight against Climate Change(Global Financial Centres Index - GFCI 9)• Toronto has the lowest risk in the world for employers to recruit, employ andrelocate employees (Aon Consulting’s People Risk Index)
    5. 5. 5Source: Statistics Canada, Annual Migration EstimatesMigration Patterns
    6. 6. Employment Overview-20126Source: Statistics Canada, Labour Force Survey
    7. 7. Unemployment Overview-20127Source: Statistics Canada, Labour Force Survey
    8. 8. Key Employment Sectorsby SMEs-2012-20138Industry% of totalemployment(SMEs)RankProfessional, Scientific andTechnical Services12.80 1Food Services and Drinking Places 9.27 2Real Estate 5.60 3Administrative and SupportServices4.79 4Ambulatory Health Care Services 4.67 5Source: Statistics Canada, Canadian Business Patterns
    9. 9. Sectors to Watch9
    10. 10. Real Estate10Trends• Expanding Urbandevelopment inindustrial, commercial/retail and institutional sectorsOpportunities• Sales & Services• Property & FacilitiesManagementPriorities• Technologicaladvancements to reducefront-line employees(Agents & Brokers)
    11. 11. Trades & Utilities11Trends• Industrial, commercial andutility-related projects in non-residential sectorsOpportunities• Green Energy Construction• Research & Development toplan, develop and monitorgreen energy utilitiesPriorities• Shortage of Skilled Trades innuclear utilities jobs coupledwith 5% baby boomersretiring
    12. 12. Film Production &Sound Recording12Trends• Transient Workforce withcultural careers overlappingin multiple sectorsOpportunities• Training and labour suppliedby Unions & GuildsPriorities• Screen-based entertainmentfacing foreign competition
    13. 13. Publishing13Trends• Characterized byIntellectual creativity &protected by copyright lawsOpportunities• Creative careers in design• Business career in marketingPriorities• Digital transformationconflicting skill demandsbetween traditional &electronic
    14. 14. Workforce Priorities14ShiftingEconomicTerrainDiversityasBusinessEnablersDigitalLiteracyGrowingthe GreenEconomy
    15. 15. Thank You15For more informationwww.workforceinnovation.cawww.routestoemployment.caPhone: 416.934.1653Fax: 416.934.1653Address: 215 Spadina Avenue, Suite 350Toronto, ON, M5T 2C7

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