Monthly snapshot of online job postings will serve as labour market indicator
A new Canadian employment index, the country’s first to be based on real-time online job demand data, will provide labour market watchers with an indicator of employer demand for employees.
Monster Worldwide will launch Monster Employment Index Canada on Feb. 2. Monster already has an employment index in the U.S. and Europe.
"More than seven million Canadians are now searching for jobs on the Internet each month, and employers are increasingly turning to the web to more effectively and efficiently reach this critical mass of job candidates,” said Gabriel Bouchard, general manager and vice president of Monster.ca.
The new index will measure the available and newly created jobs as advertised online and is based on data culled from Monster.ca, as well as several other recruitment websites believed to be representative of employer activity nationwide. Monthly findings will be released on the first Thursday of each month.
In addition to providing national findings for Canada, the index will offer sub-indices measuring online recruitment activity by province, city and occupation.
Monster Worldwide will launch Monster Employment Index Canada on Feb. 2. Monster already has an employment index in the U.S. and Europe.
"More than seven million Canadians are now searching for jobs on the Internet each month, and employers are increasingly turning to the web to more effectively and efficiently reach this critical mass of job candidates,” said Gabriel Bouchard, general manager and vice president of Monster.ca.
The new index will measure the available and newly created jobs as advertised online and is based on data culled from Monster.ca, as well as several other recruitment websites believed to be representative of employer activity nationwide. Monthly findings will be released on the first Thursday of each month.
In addition to providing national findings for Canada, the index will offer sub-indices measuring online recruitment activity by province, city and occupation.
