Victoria leads the way

A blog post from Reed Construction Data points out that Victoria is leading the country both in terms of both the highest job growth (+4.7%) and the lowest unemployment rate (only 3.2%).

Digging through the data

If you want to keep your finger on the pulse of what is happening in the BC economy you could do a lot worse than to check in weekly with the BC Stats infoline publication. BC Stats provides some concrete data and analysis that puts the province’s economy and labour market in clear focus.

This week’s issue(10 pp. pdf) has some analysis on productivity but also has some interesting things to say about labour shortages.

Together with the rest of Canada, BC’s population is ageing. In 2007, just over 15% of the labour force (those who are either working, or looking for work) was 55 or older. The proportion of older workers has been climbing steadily since the early 1990s, as growing numbers of baby boomers are approaching retirement age. As these individuals leave the workforce, the supply of available labour will be educed since there are proportionally fewer younger workers to replace them. This means that employers could be facing demographically-driven labour shortages in the future, regardless of prevailing economic conditions.

Bottom line: According to BC Stats it doesn’t matter what direction the economy is heading. Ongoing labour shortages will be a persistent theme as the BC economy moves forward.

Provincial government recruiting drive

An article in today’s issue of the Times-Colonist examines why the Provincial Government is being proactive in reminding students and job-seekers that employment in the public sector is a viable career path. For many years landing a job in government was seen as a hopeless task but as the article points out the the civil service expects 16% of its people to retire over the next five years.

With the provincial government being the largest employer in BC this represents a lot of new opportunities.

Check out this page to access their current job postings.

Job Interviews: Tips for Success

I want to draw your attention to a couple of articles that provide solid job interview advice.

Do employers like you ?

Many employers hire based on a combination of factors. They are looking for somebody with the correct skill set but they also want to hire someone who has the potential to fit in with the team that is already in place. With employers who have only a few employees this becomes even more important.

This blog post at Career Hub asks a very important question. Do You Give Employers Reasons to Not Like You?

Canadian Newcomer Entrepreneur Program

The Canadian Youth Business Foundation (CYBF) has announced a new program that operates only in British Columbia. Aimed at young immigrants who are recent arrivals, the program  has been designed to help individuals between the ages of 18 to 34 to access start-up financing, mentoring and other resources to start a business.

See the CYBF website and this press release  for more. Information is available in Mandarin, PunjabiSpanish and English.

Amazon buys Victoria-based AbeBooks

A local company, AbeBooks has been purchased by the Internet retailing giant, Amazon.com. AbeBooks has over 100 employees in Victoria and has been recognized as one of BC’s top 40 leading employers.

AbeBooks job postings.