Tuesday, April 04, 2006

Demand for skilled workers to remain high

News Briefs: "TORONTO � Despite a drop in economic activity over the next five years the demand for highly skilled workers and trades people is expected to remain strong says the latest Scotiabank Economics Report. Prospects are particularly good for those in the technology, health care and education fields.
'Canada has enjoyed a stellar job creation record in recent years, ranking as one of the best in the industrialized world. Between 1998 and 2002, domestic employment growth averaged 2.4 per cent annually, translating into more than 300,000 net new jobs per year,' says Adrienne Warren, Senior Economist at Scotia Economics. 'The expected rate of GDP growth over the next five years would be consistent with yearly job growth in the range of 1.5 per cent, or 200,000-250,000 net new jobs per year.' "

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