As we head into the last 6 weeks of 2018, it is a good opportunity to reflect back on how far we have come these past 11 months. We entered 2018 with cautious optimism and – as expected – we have seen a slow and steady improvement in tech/IT hiring this year.
What is most encouraging is that the hiring activity spans many different industries and – with more diversification – comes more confidence that we can weather the setbacks that are inevitable on the road to full economic recovery.
That said, we still have a long way to go before we can remove the word “cautious” from our vocabulary when talking about Calgary’s labour market. High unemployment rates, falling capital investments, high office vacancy rates and heavily discounted Canadian crude continue to challenge our city and the pace of recovery is not nearly as quick as we would like it to be.
While the unemployment rate remains high, technology is a great place to be with ICT careers expected to outpace all job growth in Canada by a rate of 4:1 (ICTC, Labour Market Outlook, 2017-2021, April 2017). In particular, the trend toward automation and digitization in many sectors is creating interesting contract and career opportunities. Combine that with the limited IT spend over the past few years due to the recession and the resultant pent-up demand for IT project work.
Project activity centres around these four mainbuckets:
SaaS Solution Implementation
The most in-demand roles/job titles include:
Agile Business Analysis
The overall supply of resources withtheseskills has shifted and we have moved into a candidate market. There are less available consultants and – those who are looking – often have a choice when it comes to selecting their next assignment.
In these areas, it is of utmost importance for our clients to work closely with their recruitment partners to deliver the right message to attract the best candidates. Additionally, we encourage our clients to speed up the hiring process and be flexible with “must have” technical skills when hiring.
Given the improving labour market, we are expecting to see a bit more labour movement in the first quarter of 2019 as both independent consultants and long-term employees pursue new opportunities more aggressively to gain new project experiences.
The landscape for technology workers in Calgary is improving and we expect it to continue into 2019. Be sure to keep an eye on theEagle job boardand keep your recruiter informed as you start to think about pursuing new opportunities.