In a somewhat significant development–through a report, and on the basis of the available information related to the professions with the quickest swells in employment from 2010 to 2013–a well-known firm has made public a list of the 10 most rewarding (in terms of wages and growth) jobs in Toronto—the largest Canadian city and Ontario’s provincial capital.
As per the report, Toronto was responsible for one out of every three employment opportunities generated across the nation–from 2010 to 2013. The value of Toronto in the national jobs scene has been heading north since the world financial meltdown. By 2013, the mega city was behind close-to 50% of the employment opportunities in Ontario (47.4%) even as the same is allegedly the biggest share of the job market since 1987.
The report adds that the biggest gain, in any work-related class, was in the Information Technology (IT), computer & information systems–professions which offer a median salary of nearly $35 per hour. A swift increase in the employment of individuals in the wholesale & technical sales, administrative support workers, medical technologists & technicians, auditors, accountants, & engineers has also been noticed reportedly.
However, the big development was that 3 out of the leading 4 hottest jobs in Toronto, over the course of the previous 3 years, were laborers (not trained trades person), retail sales clerks, and the professionals involved with food counters & kitchens. Reportedly, the said 3 professions was responsible for over 33% of the job development in Toronto over the course of the last 3 years, even while their median wage was from $10.25 an hour to $13 per hour.
The leading 10 list hints that two sets of growing work opportunities exist across the country, at either end of the earnings range. Given this—for those who are gaining admission into the labour market–available are several points of admission at the low end of the scale. However, they are neither usually the kinds of work opportunities, which actually guide one onto a career pathway to something superior, nor do these jobs completely use several employees’ expertise.
Those who are fortunate enough to discover permanent, whole-year work in these kinds of jobs, coughing-up $13 or so per hour, would take home $26,000 or so per annum. An additional bunch of work-opportunities are available which offer median salaries of $35 per hour or above, even as the same signifies $70,000 or so per annum. There are not many openings in the center, professions which give somewhere around $20 per hour.
Further, for the last 3 years, the employment market has been growing most rapidly and remarkably at both the endings of the wage scale. Allegedly, the same denotes that the space between the steps on the earnings ladder is gradually growing and becoming wider. The same is vital with the reason being while there could be many such work-opportunities up for grabs, several low-paying openings don’t typically give permanent whole-year work, or plentiful opportunities to develop into or implement mid-level expertise.
And those–who happen to be comparatively more experienced employees, and who suffer job loss–face the bigger danger of further dropping down the earnings ladder, in a situation wherein more employment-opportunities being generated do not happen to be in the central part.
Though available are an abundance of other jobs–which constitute the job market, and which have a say in the job growth–when the 10 best and the most rewarding jobs in the market strengthen a persistently increasing chasm in the wages, one would do well to look forward to hearing much more talk involving salary disparities in the coming years.
