Labour Market Bulletin Sudbury
Labour Market Bulletin, Third Quarter 2005
An Analysis of the Sudbury Area Labour
Market
Service Canada
An overview of the Sudbury area, which includes The City of Greater Sudbury (formerly The City of Sudbury, Nickel Centre, Onaping Falls, Rayside Balfour, Valley East, Walden, and Capreol), Sudbury East and the Espanola, Manitoulin Island areas.
Labour market conditions in the Sudbury area were mixed in the third quarter of 2005. The job market showed signs of strength as the number of advertised job opportunities were significantly higher year over year. In addition, while the Employment Insurance (EI) claim load increased slightly compared to the third quarter of 2004, it was lower than in the second quarter of this year.
The provincial government announced a $150 million funding package for the forestry sector. The sector has been plagued with rising costs associated to energy and has been forced to cut jobs and close plants in Northern Ontario. The area has also seen a loss of jobs in most of the services-producing sectors with the exception of the retail trade, where there has been significant growth in the last year. The mining industry has been the silver lining for area employment as job creation remains strong on a quarterly and annual basis.
Statistics Canada Labour Force Survey (LFS) reported the loss of 1,900 jobs in the quarter, which brought the total employment decline in 2005 to 3,900 or 5%.
Highlights:
- First Nickel buys Lockerby Mine - expected to hire 110 employees
- Swiss Mining Group Xstrata acquired 19.9% of Falconbridge for $2 billion
- Mixed reaction to $150 million provincial forestry aid package
- $31.1 million South End rock tunnel project finally underway
- Marriott Fairfield Inn & Suites developing $7 million hotel
- Northern Ontario School of Medicine holds grand opening ceremonies in Sudbury and Thunder Bay
- $1.6 million state-of-the-art theatre center project is now underway in Manitowaning
- Greater Sudbury Police Service to hire a total of 15 employees by 2007
The complete Labour Market Bulletin, including these Highlights, is available in Adobe Acrobat PDF format, print version (size: 501 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. Sudbury - 3rd Quarter 2005)
