Labour Market Bulletin Kitchener

Labour Market Bulletin, Third Quarter 2005
An Analysis of the Kitchener-Waterloo Area Labour Market
Service Canada

An overview of the City of Cambridge, City of Kitchener, Township of North Dumfries, City of Waterloo, Township of Woolwich, City of Stratford, Guelph and Listowel.

The Kitchener-Waterloo area labour market saw a larger than normal contraction in the third quarter.
Gains in the first half of the year kept employment above its 2004 level.
Quarterly losses were largely confined to the services-producing sector.

Highlights:

The Waterloo region currently has 450 technology companies with more than 1,000 job vacancies.
Residential construction declined this quarter, while commercial construction is on the rise.
The hospitality industry benefited greatly this quarter from the PGA championship golf tournament held at Whistle Bear Golf Club in Cambridge.
Local hospitals and post-secondary institutions will benefit from provincial funding announcements made this quarter. The money will be used primarily for structural renovations and other construction projects.
Three local manufacturers announced closures. More than 1200 jobs will be lost in the coming months as a result.
St. Mary's Regional Cardiac Care Centre hired a cardiac surgeon this quarter and three new midwives will be hired at Waterloo Region health-care centres by the end of the year.

The complete Labour Market Bulletin, including these Highlights, is available in Adobe Acrobat PDF format, print version (size: 118 kb)

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