Download - Top 2012 april17
Workforce Development in a Global City
Toronto’s , Opportunities and Priorities 2011
What is Workforce Development?
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Toronto’s Opportunities and Priorities: A Local Labour Market Update
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Toronto Highlights
• A major economic engine of the country with 83,000 businesses
• Major employment clusters: finance and financial services, retail trade, arts and culture, tourism and hospitality.
• Manufacturing and construction account for a significant percentage of the economy.
• 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 and relocate employees (Aon Consulting’s People Risk Index)
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Labour Force Characteristics
• Population City of Toronto• Population: 2,615,060, (7.8% of Canada’s total
population)• Between 2006 and 2011, Toronto’s population
grew 4.5%.• By 2031 approximately 20.5% of the population
will be 65 years or older and the proportion of youth will be only half that of seniors.
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Migration
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Labour Force Characteristics
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Source: City of Toronto
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Unemployment rate
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Higher unemployment rates for immigrants
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Toronto’s Working Poor
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Toronto’s Key Employment Sectors 2010-2011
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Toronto’s Key Sectors to Watch
• PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES • FOOD MANUFACTURING • NON PROFIT• TOURISM AND HOSPITALITY
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Professional, Scientific and Technical Services
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Employment Overview
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Food Manufacturing Sector
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Non- Profit Sector
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Employment Overview
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Tourism and Hospitality Sector
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Strategic Training Priorities
• Green Economy• Diversity• Changing Economic Landscape• Technological Change
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Green Economy
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Green Jobs• An estimated 13, 000 jobs have already been created and
a projected 40,000 more to come (Government of Ontario)
• 400 new jobs created in Newmarket due to the opening of a production line for solar panel components by Flextronics
• Sungrow Canada Inc.’s new headquarters in Vaughn has created 50 new jobs in manufacturing, research and development, and technical support services for solar voltaic inverters.
• Sieman’ s solar manufacturing facility in Burlington started with 10 jobs and 50 more are expected to come within the next 5 years.
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Green Skill Training Programs in GTA
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Green Themes of Skill Building Programs
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For more information
www.workforceinnovation.caPhone: 416 934 1653
Fax: 416 934 1653Address: 215 Spadina Avenue, Suite 350
Toronto, ON, M5T 2C7
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