More Local Labour Market Information
Labour Market Bulletin, First Quarter 2005
An Analysis of the Sault Ste. Marie Area Labour Market
Human Resource Centre of Canada
Heading into 2005, labour market activity in the Sault Ste. Marie Management Area continued the strong showing exhibited in 2004. The entire region reported positive news. The immediate future holds numerous opportunities for employment growth, including proposed power plant construction, new water treatment plants, road construction and a new arena.
The Employment Insurance claimload decreased by 14% compared to the same period last year, while employment opportunities increased by 20%. The highest volume of opportunities available, were once again, in sales and service occupations.
Conditions in Northeastern Ontario mirrored the Sault Ste. Marie Management Area. While the unemployment rate in the Northeast rose from 6.9% in the fourth quarter of 2004 to 7.7%, it is substantially lower than the rate of 8.3% recorded in the first quarter of 2004.
Highlights:
- Algoma Steel seeking to build 150 MW power plant.
- Blind River Cameco expanding again.
- Algoma Steel smashes earnings records.
- Sault Area Hospital still laying off but fewer than expected.
- Searchmont Ski Hill in danger of closing.
- Michael Moore visits Sault Ste. Marie to promote film festival.
- Employment Insurance claimload down 14% from last year.
- Advertised job vacancies up 20% over last year.
The complete Labour Market Bulletin, including these Highlights, is available in Adobe Acrobat PDF format, print version (size: 128 kb)
To obtain this Labour Market Bulletin in .html format, please use the Contact Us button at the top of this page. In your email subject line, please refer to the Labour Market Bulletin and the publication date: (e.g. Sault Ste. Marie - 1st Quarter 2005)