More Local Labour Market Information
Labour Market Bulletin, Fourth Quarter 2004
An Analysis of the Peel, Halton and Dufferin Labour Markets
Human Resource Centre of Canada
An overview of the Peel, Halton and Dufferin areas
Manufacturing and trade sectors in the Halton, Dufferin and Peel areas experienced changes in employment, production and developmental.
While Nortel is dealing with legal and financial matters that will not be resolved in the short-term, they have managed to secure major contracts across the globe.
The automotive sector in Halton, Dufferin and Peel has drastic employment changes occurring. Ford Motor Company and DaimlerChrysler have been polar opposites recently as the former continues with layoffs. Poor sales of the Ford Windstar have affected employment at the minivan plant. DaimlerChrysler has experienced increased hiring due to the Brampton built 300 and Magnum’s popularity with the public.
Independent retailers are not fairing as poorly as initially expected with the arrival of several big-box centres across the area. Niche markets are allowing the smaller retailers to survive.
Highlights:
- Nortel manages its internal, financial and administrative problems while securing new business
- Ford Motor Co. and DaimlerChrysler heading in opposite directions on employment and production success
- Burlington ’s waterfront development exceeding budget expectations
- Hamilton area labour market abruptly slows in fourth quarter
- 2004 Q4 EI claims for Halton, Dufferin and Peel decline compared to 2003 Q4
- Toronto CMA labour market contracted in fourth quarter
- Independent retailers surviving despite ‘Big-Box’ centres
The complete Labour Market Bulletin, including these Highlights, is available in Adobe Acrobat PDF format, print version (size: 322 kb)
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