Posts Tagged ‘Employment’
CIBC’s Top 25 Communities for Economic Activity
Thursday, January 19th, 2012CIBC says Waterloo Region Ranks 3rd in Economic Activity
Thursday, January 19th, 2012According to CIBC the KWC census metropolitan area ranks third in economic activity among Canada’s 25 largest communities with a score of 18.0. Toronto was ranked first and Edmonton was second with scores of 23.0 and 20.0 respectively. Waterloo Region’s high economic activity score reflects the strong population growth, relatively high quality of employment, strong growth in construction activity and low levels of personal and business bankruptcies. The banks Metropolitan Economic Activity Index measures 9 macroeconomic variables.
Here is the full story in the Record: http://www.therecord.com/news/business/article/657606–waterloo-region-s-economic-activity-ranks-third-in-canada
The High Tech Sector is Hiring!
Wednesday, December 14th, 2011There was a very interesting article in the Record on Monday Dec. 12th, 2011 by Terry Pender. The rumours around town that there are over 1000 tech jobs that need to be filled was verified by this article and many of the people interviewed in the article. The local area unemployment figures of 6.8% are much lower than the national and provincial averages. In the article, lain Klugman the head of Communitech said,” There are more than 1000 vacant high tech jobs in this region’s high-tech sector, highlighting the need to attract and retain creative-class workers.” He goes on further to say, “Everyone is hiring”. Communitech has done a study on attracting and retaining talent that is expected to be finished in the coming weeks. In my opinion, this is a good thing because as a Realtor I can see that Waterloo Region is in transition from a manufacturing based economy to an information based economy. In the years to come this area is going to need to attract creative minds and retain them because other Intelligent communities around the world are also competing for these types of workers. Several reviews of this article were very harsh, but in my view unrealistic. Waterloo Region has come along way over the past 10 years and has grown and is doing its best at all levels of government to adjust to the growth the best way it can. No place is perfect and I don’t think there is a Utopia but I like living in Waterloo Region because it is affordable, there are lots of opportunites to advance yourself, there are lots of things to do here in your spare time. Moreover, the community has a strong sense of Entrepreneurism, Leadership and generosity. This article is very good for people who are looking for a job in Kitchener-Waterloo. Christie Digital is trying to hire 20 more people in Kitchener-Waterloo. Techies like the LRT and there are more housing options in Uptown Waterloo and Downtown Kitchener than before. There are several condominium and lofts in KW that are being built to house these new workers like at the Arrow Lofts, Bauer Lofts, Seagrams Lofts, The 42, Park 144, Red Condominiums, Silver Thread Condominiums, the Belmont Village Condominiums.
Here is the full story:
Unemployment rate drops locally, while it holds nationally
Wednesday, July 20th, 2011The unemployment rate in Kitchener fell from 7.3% to 6.9% in June, 2011. The news was reported by the Canadian Press on July 8th, 2011 in The Record. This is good news for the area that was able to increase part-time jobs by 21,000 and 7,000 new full time jobs.
Here is the full article: http://www.therecord.com/news/business/article/560008–unemployment-rate-holds-nationally-drops-locally
Invest in KW
Friday, June 18th, 2010This is a video post. To view the video click on the following highlighted text: Invest in KW. Bill Elliot states why it is a good idea to invest in Real Estate in KW.


