May 2013
EMPLOYMENT
You can use LMI in order to find out what is happening in the community that will help you make wise decisions about careers, education and employment.
Did you know? Fast Facts about Hamilton CMA (March 2013): -
Labour force: 409,900
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Unemployment rate: 6.1%
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Over 27,000 businesses operate in Hamilton (June 2012)
For more information about Hamilton’s labour market visit our website: www.workforceplanninghamilton.ca
Hamilton is an exciting place to start your career. With over half a million people, Hamilton is the 5th largest city in Ontario and the 10th largest city in the country. Employment in the Hamilton CMA (which includes Burlington and Grimsby) increased over 4% from 2006-2012. Hamilton’s economic recovery is reflected in the low unemployment rate, which, at 6.1% in March 2013, was one of the lowest of all major cities in the province. A diversified economy, affordability, skills development collaboration, and a focus on poverty reduction have all been attributed to Hamilton’s low unemployment rate. Employment and Unemployment Rates
Hamilton CMA Labour Force Survey 2006-2012
10
385 380 375 370 365 360 355
8 6 4 2 0 2006
2007
2008
2009
2010
2011
2012
Unemployment Rate (%)
The labour market is constantly evolving and adapting to economic conditions, opportunities and challenges.
HAMILTON
What’s going on in Hamilton’s economy?
Employment (in thousands)
What is Labour Market Information (LMI) and why is it important?
IN
2012: A Bright Year for Hamilton The Conference Board of Canada ranked the Hamilton-Burlington economy as the fastest growing in 2012 among Ontario cities at 2.5% Site Selection Magazine ranked Hamilton the #1 city in Canada for attracting industrial and commercial development Real Estate Investment Network ranked Hamilton as the best place to invest in Ontario for the second year in a row Conference Board of Canada’s Diversity Index gave Hamilton a 0.92 rating (where 1 is “Highly Diverse” and 0 is “Not Diverse”), which contributes to the resilience of our economy to market fluctuations and encourages a broad spectrum of employment opportunities
Where are all the jobs?
Employment in the Hamilton CMA grew to 381,200 workers in 2012 with trade, manufacturing and health care making up the top 3 sectors.
EMPLOYMENT BY INDUSTRY (HAMILTON CMA) The table to the left uses Labour Force Survey data to show the top ten industries of employment in 2012, as Retail and Wholesale Trade 15.7% classified by the North American Industry Classification System (NAICS). Manufacturing 12.8% -16.3% Employment within an industry includes Health Care and Social Assistance 12.6% 10.1% supporting occupations, in addition to Educational Services 8.6% 12.4% occupations unique to that industry. For Finance, Insurance, Real Estate and 7.2% 14.6% example, the educational services Leasing industry includes those involved in Construction 7.1% 17.4% administrative support, trades, and Professional, Scientific and Technical 6.6% 13.5% management roles within the sector. The Services city’s employment strengths long Accommodation and Food Services 5.8% -6.7% Transportation and Warehousing 4.7% -6.3% dominated by the steel industry have Information, Culture and Recreation 4.2% 4.3% become quite diverse, as exemplified in the industries which exhibited the greatest growth. As Hamilton transitions to a more knowledge-intensive community, industries such as finance, insurance, real estate and leasing, professional, scientific and technical services, and educational services are growing at a high rate. Industry
% of Total Employment 2012 16.3%
% Growth 2007 to 2012
EMPLOYMENT BY OCCUPATION (HAMILTON CMA) Occupational Category
% Share of all
% Growth
Occupations 2007 to 2012 Human Resources and Skills 2012 Development Canada (HRSDC) 25.5% 2.0% provides a standardized framework for Sales and Service Business, Finance and Administrative 17.2% -1.2% organizing occupations according to Trades, Transport and Equipment Operators 13.5% 0% the National Occupational Social Science, Education, Government Service 10.3% 16.7% Classification (NOC) system. Through and Religion NOC analysis, we can gain a reference Management 10.0% 10.1% 7.3% 19.7% as to understanding the jobs found Health 5.5% -2.8% throughout Hamilton’s labour market. Natural & Applied Sciences Occupations Unique to Processing, 5.2% -13.0% Occupations related to sales and service continues to account for the Manufacturing & Utilities Art, Culture Recreation & Sport 3.4% 6.5% most prevalent occupations in Occupations Unique to Primary Industry 2.0% -9.4% Hamilton. Many of these jobs are parttime and/or entry-level, employing relatively higher percentage of youth labour market participants. However, the occupational categories that experienced the greatest growth over the past five years are those that require higher levels of education, such as health occupations and social science, education, government service and religion. As Hamilton is becoming more concentrated in knowledge-intensive industries, it follows that the demand for occupations in knowledgeintensive occupational categories has increased.
Where is Hamilton headed?
The Baby Boomer generation started to retire in 2011 and this trend will continue to 2031. Younger workers will be needed to take the place of those who are retiring and to fill the jobs that will be created between 2006 and 2016. It’s projected that Hamilton will need more than 50,000 new workers to fill the 29,000 new jobs created through economic expansion and the more than 21,000 jobs made available due to retirements during this time.
You may be wondering what jobs will be available in the future. With the Centre for Spatial Economics, Workforce Planning Hamilton calculated a custom tabulation that forecasts the number of new workers that will be required in each occupation in Hamilton. The top 10 growth occupations are shown in the table below.
TOP 10 GROWTH OCCUPATIONS, 2006 TO 2016 (City of Hamilton) Occupation Entry level sales and service Clerical Intermediate sales and service Professional occupations in health Professional occupations in social science, education, government services and religion Middle and other management Skilled administrative and business Skilled sales and service Intermediate occupations in transport, equipment operation, installation and maintenance Assisting occupations in support of health services
2006 Workers 20,300 19,200 19,400 9,400 15,500
2006 to 2016 New Workers Required 5,700 5,300 5,200 4,800 4,700
15,700 11,500 10,200 8,300
4,100 4,000 3,000 2,200
4,900
2,000
Job Search Tips Research companies you may be interested in working for (The Hamilton Business Directory at www.ylm.ca/hamiltoncity is a good place to start!) Customize your resume and cover letter for each job you apply to Use your network to look for openings that aren’t advertised Visit the Student Success Centre at McMaster University or online at www.studentsuccess.mcmaster.ca
Thinking about starting your own business? Visit the Small Business Enterprise Centre, located in Hamilton City Hall, 71 Main St W. www.hamiltonsmallbusiness.ca
SMALL BUSINESS DOMINATES IN HAMILTON Number of Hamilton businesses by employee size range (Canadian Business Patterns June 2012) Owner Operated 14,253
1-4 6,805
5-9 2,827
10-19 1,651
20-49 1,147
50-99 370
100-199 159
200-499 81
500+ 29
Total 27,322
Hamilton has 27,322 registered businesses Small business is the driving engine of the local economy as most job creation stems from them 86% of businesses with employees have less than 20 employees; 95% have less than 50 employees 52% of businesses in Hamilton are sole proprietor/owner operated
Key clusters of economic development The City of Hamilton has identified six areas as part of its Economic Development Strategy. Both small and large businesses see benefits from clustering, including: a local specialization in labour skills, higher density of supplier networks, and knowledge spillovers (knowledge that spills across firms working in the same industry in the same location).
ADVANCED MANUFACTURING Having innovation, technology, and a highly skilled labour force to make Hamilton more competitive and productive Total Employed (2006): 42,525 Number of businesses (2012): 972
AGRI-BUSINESS AND FOOD PROCESSING Making Hamilton the major food and beverage manufacturing centre in Ontario Total Employed (2006): 9,415 Number of businesses (2012): 581
CLEAN TECHNOLOGY Being a leader in wind-based power, water purification and waste-water treatment by using clean technology Industries included: utilities; agriculture, forestry, fishing and hunting, construction; manufacturing; administration and support; waste management and remediation services; transportation and warehousing
CREATIVE INDUSTRIES Enhancing the growing importance that music, visual and performing arts, digital media, films and events have to the local economy Total Employed (2006): 7,100 Number of businesses (2012): 3,717
GOODS MOVEMENT Using Hamilton’s unique location to develop business in the transporting goods,supply chain management, logistics, warehousing and communications infrastructure Total Employed (2006): 15,725 Businesses: All four major modes of transportation represented in Hamilton (air, water, road, rail)
LIFE SCIENCES Building off the strength of the health, environment, information technology, agriculture and manufacturing sectors, and becoming a leader in the area of biotechnology Total Employed (2006): 3,600 Number of businesses (2012): 2
Interested in reading more labour market information? Visit the Workforce Planning Hamilton website at www.workforceplanninghamilton.ca and click on Publications.