New LinkedIn Data Shows Where Canadians Are Moving & Which Industries Are Hiring

After a year of working remotely, more Canadians are moving to Vancouver and Halifax for jobs in popular industries and a change in post-pandemic lifestyle, according to LinkedIn’s first-ever Workforce Report for Canada

The report measured internal migration trends of major Canadian cities and the growth or decline of hiring in different industries.

  • The National Hiring Rate in Canada last month was up 124% from where it sat in May 2020 at the height of the pandemic
  • Health care, software, and real estate industries were among the biggest gainers, with hiring in the health care space rising 123% from May 2020, and hiring in the entertainment, energy and mining, and recreation and travel industries trending down.
  • The inflow-outflow ratio of residents in Vancouver has seen a 10.5% rise since April 2020, with Halifax seeing a 39% growth surge over the same period.

The full report findings can be found here.

Methodology

An internal migration instance is defined as a member changing their location within the same country on their LinkedIn profile. The index of internal migration is calculated as the share of LinkedIn members who moved within the country divided by its average for 2019. For each city, we also calculate the inflow-outflow ratio (number of inflows to a city for every outflow). Cities are then ranked by the change in their inflow-outflow ratio between April 2019 and March 2020 (before Covid) and between April 2020 and May 2021 (after Covid). 

The hiring rate is the percentage of LinkedIn members who added a new employer to their profile in the same month the new job began, divided by the total number of LinkedIn members in Canada. This number is indexed to the average month in 2016; for instance, an index of 1.05 indicates a hiring rate that is 5% higher than the average month in 2016.

Leave a Reply

Discover more from The IT Nerd

Subscribe now to keep reading and get access to the full archive.

Continue reading