The Labour Market can be broadly defined as the market in which workers compete for jobs and employers compete for workers.
In the labour market, labour services are exchanged and those negotiations occurring between buyers and sellers partly determine the placement of workers in jobs with specified wages.
Labour Market Information (LMI) can be broadly defined as the information needed by individuals and organizations to make informed decisions about the labour market.
Labour market information address questions concerning the following:
- Unemployment rates
- Economic trends
- Demographics
- Wage rates
Information on the Canadian and Ontario labour markets help individuals and businesses make informed decisions about education and training, careers, business plans and employment. Insights into labour market trends and conditions in Ontario and Canada can be found through labour market research.
Labour Market Research Resources
Websites are a great resource to use when performing labour market research.
Government of Canada website (www.workingincanada.gc.ca)
This website provides you with information on:
- Job descriptions and skill requirements
- Wages and salaries
- Local labour markets
Government of Ontario website (www.ontario.ca/labourmarket)
This website provides students, immigrants, job seekers and employers with information on:
- Using labour market information
- Ontario’s monthly, regional and annual labour market reports
- Ontario’s population and demographic information
Labour Market Information Websites
Ministry of Advanced Education and Skills Development (http://www.iaccess.gov.on.ca/labourmarket/search.xhtml)
- Search by occupation or NOC code to view:
- Job outlook
- Average annual income
- Job growth
- In-demand skills and knowledge
- Industries
Association of Universities and Colleges of Canada (www.univcan.ca)
- Academic programs by university
- Links to colleges and universities
Canadian Information Centre for International Credentials (www.cicic.ca)
- Foreign credential information
- Studying & working in Canada
Government of Ontario (www1.servicecanada.gc.ca)
Human Resources and Skills Development Canada (https://www.canada.ca/en/employment-social-development/services/noc.html)
- National Occupation Classification (NOC) codes
- Job descriptions
Job Futures (www.jobfutures.ca)
- Wages and salaries
- Educational requirements
Ontario Colleges (www.ontariocolleges.ca)
- Links to Ontario colleges
World Education Services (WES) (www.wes.org/ca)
- International education credential assessments
Worxica (www.worxica.com)
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An archive of Canadian job postings published across various web sites. It provides job seekers and employers information about recent historic job openings in their selected field of occupation, in any Canadian region outside of Quebec. Simply enter a job title and location, and Worxica will generate a detailed dashboard showing you all the relevant available information about the local job demand in your selected occupation: How many postings were published, where, who was looking to hire, what they called the job, and how much did they offered to pay. You can then click on any of the job posting numbers on the dashboard to see the individual job postings behind it.
To download a PDF version - Click here.