The Eagle Blog

A Look at the Job Market in April 2006

The following is a write-up from Eagle’s three General Managers representing a look at the job market from coast to coast … plus a little plug for Eagle!

Western Canada – is it possible for the market to keep going ?? Statistics recently released, show that the average housing price in Calgary went up $20,000…yes $20,000…in the last MONTH alone !! From an IT labour market perspective, just as it appeared that some organizations in Western Canada had peaked in terms of their IT resource plans/needs, there has been another strong rally in late March and early April that continues to keep pushing the boundaries of finding and hiring the right people for these organizations. Specifically, there has been a surge of open full-time positions across every major city in Western Canada (Victoria, Vancouver, Calgary, Edmonton, Regina and Winnipeg). Skills in demand for these roles include: Data Architects, Application Architects, Senior Business Analysts, QA/Testers and Junior/Intermediate Level .Net Developers. On the contract/project front, hot skills in demand in the West include: Agile Project Managers, JD Edwards Experts, SAP Resources, QA/Testers and .Net Developers.

In the GTA, the unemployment rate is at a 32-year low. This is clearly reflected in the activity level that the region has been experiencing since January. For the past several months, companies have been feverously hiring not only a multitude of contractors but also full-time resources. In March, there was a huge upswing in the number of full-time candidates being interviewed at organizations across the region. This is not anticipated to slow down any time soon! The purse strings also continue to loosen for contractor dollars. The contractor market remains competitive and candidates are still enjoying multiple offers.
Many organizations have started to plan new projects that are anticipated to reach peak contractor hiring in the early summer timeframe. The financial sector continues to be one of the busiest sectors with the Ontario Government following close behind. In-demand skills in GTA include: Project Managers, Technical Writers, and Senior Testers. This pace is not expected to let up anytime soon and we are looking forward to a “hoping” spring and “sizzling” summer.

In Eastern Canada, there were some interesting developments with significant players in the technology marketplace that could have ramifications in the recuperating Canadian telecom scene. The Alcatel-Lucent merger is seen by many as the first in what could be a new round of consolidation in a marketplace with too many vendors. The resulting new company, by sheer size alone, will no doubt make Nortel sit up and take notice. Certainly Nortel’s expertise in wireless and optical technology would make it a prime target for possible suitors, accounting woes aside. Ottawa-based Corel Corp., once a high flying symbol of the boom years in technology announced plans to go public as the NASDAQ closed at a five-year high in recent weeks, perhaps sparking visions of some of the heady years of the past. Both these developments will bear watching in the weeks and months ahead.
From a Federal Government perspective, all eyes have been on the newly installed Harper government and its highly anticipated Accountability Act. IT vendors are anxious to see what priorities the Conservative government bring to bear as they overhaul the way Ottawa does business. Contracting rules and a procurement auditor were key features of the Act; however, it’s safe to say most hope that another layer of added bureaucracy does not bog down on an already cumbersome process. The expected federal fiscal year end rush was seen by most as far less frenetic than in years past, with most citing the uncertainty of a new government as the reason.
Hot skills in demand across the Eastern region included Java, J2EE Developers, SAP Resources – both technical and functional, Senior PMs with financial backgrounds as well as Application Architects and Helpdesk/Tech Support roles .

We continue to enjoy tremendous growth and were recently named among the Top 20 Best Small and Medium Employers in Canada. If you share our positive, bullish outlook on the future, Eagle is looking for enthusiastic, committed team players for our own team in both Sales and Recruiting in offices across the country including: Vancouver, Edmonton, Calgary, Regina, Toronto, Ottawa and Montreal. Join a dynamic company in an exciting industry of the future and share in our success!

Leave a Reply

Your email address will not be published.