Cambridge, Ontario Overview With a population of nearly 130,000, employment opportunities in Cambridge, Ontario, have ...
Cambridge, Ontario Overview
With a population of nearly 130,000, employment opportunities in Cambridge, Ontario, have grown progressively more diverse and abundant since 2013. The city boasts a booming tourist trade, which opens up job opportunities for residents who want to work at outdoor events, such as music festivals, and at community institutions like the Cambridge Centre of the Arts or the Cambridge Butterfly Conservatory.
Rapid population growth has increased the demand for construction and real estate services. The telecommunications industry enjoys high profits, which means excellent employment prospects, and local public and private schools offer employment for teachers and related professionals.
Cambridge, Ontario Job Opportunities
Several industries thrive in Cambridge. Most notably, the finance sector continues to provide abundant job opportunities for accountants, bookkeepers, internal auditors and cashiers. Similarly, the manufacturing industry employs a large percentage of Cambridge residents in jobs that range from machinist and production supervisor to welder and machining inspector.
In 2014 and 2015, a rise in residential building permits preceded a marked increase in construction and contractor jobs, including those dealing with operations and logistics. Professionals who specialize in equipment operation, concrete finishing, carpentry and other skilled trades can find numerous job openings. Additionally, IT positions remain populous in job postings, especially with regard to server maintenance, software development and informatics.
Cambridge, Ontario Employment Trends
The 6.2 percent unemployment rate (as of August 2015) is expected to trend downward through the end of 2015, according to Statistics Canada. Rising employment in information and communications technology is partly responsible for this shift, as is the construction boom that includes residential, commercial and industrial developments.
Cambridge has a higher employment participation percentage than in Ontario as a whole. The business services industry continues to develop in this city, providing employment opportunities as well as chances for entrepreneurs to start their own businesses. The residents of Cambridge are typically educated and in pursuit of professional work.