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Hamilton CMA :: 2018 :: Q2

Labour Market Snapshot Prepared by:

www.workforceplanninghamilton.ca

2018 Quarter 2 (Q2)

3 things to know about the labour market in 2018 Q2 Unemployment rate continues to chart lower than the provincial average

Employment in health occupations saw a drop of 8,233 people from 2017 Q2 to 2018 Q2

Unemployment Rate (%)

Unemployment Rate in Hamilton CMA, Q2 6 5 4 3

5.4%

5.3%

5.2%

4.8%

5%

4.6%

Unemployment Rate 2018 Q2 5.8% Canada 5.6%

Ontario

2 1 0

Employment in occupations in art, culture, recreation and sport is up 40% year over year

April

May 2017

June

2018

Hamilton 4.9%

Source: Statistics Canada. Table 14-10-0294-01 (formerly CANSIM 282-0135)

What's happening in Hamilton? What's happening in the manufacturing industry?

What's happening with the Basic Income project?

National Steel Car has landed two CN rail contracts that are estimated to bring 550 additional jobs to the area.

About 1,000 Hamiltonians who were receiving guaranteed income through the Basic Income project will lose their funding.

Source: Job Market Trends, jobbank.gc.ca

Source: CBC Hamilton July-31-2018

Hamilton CMA Unemployed 21, 233 5,678

Employed 5,432 411, 100

411, 100 people were employed in 2018 Q2. In Q1, there were 419,366 people who were working.

About the Data * Workforce Planning Hamilton (WPH) previously used job vacancy statistics from Vicinity Jobs Inc. Now, WPH uses Talent Neuron. This data collects from online job postings that include location, industry, occupation, type of employment, duration of employment and job posting source. Though the data uses appropriate sources and is obtained with a concrete methodology, some limitations exist. There are many unknown categories in all of the datasets because various job postings do not always provide details. Labour Force Survey The Labour Force Survey is a monthly survey which measures the current state of the Canadian labour market and is used, among other things, to calculate the national, provincial, territorial and regional employment and unemployment rates. The Hamilton CMA (Census Metropolitan Area) includes Hamilton, Burlington and Grimsby. OCTOBER 2018 | BUSINESS LINK HAMILTON

CELEBRATING 15 YEARS

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Profile for Business Link Media Group

Business Link Hamilton - Volume 6 Issue 10  

Business Link Hamilton is a monthly on-line business-to-business publication that provides business owners, managers and employees with valu...

Business Link Hamilton - Volume 6 Issue 10  

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