Humans have always been in demand, especially in the workplace, and the demand for workers has never been greater.
But it’s a trend that’s now taking off in the private sector, and it could be even bigger for those in the public sector.
The trend has started with outsourcing.
While most companies have already made hiring decisions, some are going in a new direction, like when a startup called Paragon Technologies Inc. is opening up offices in Toronto and Ottawa.
The company has a lot of advantages over its competitors, says Paragon founder and CEO, Matthew Pritchard.
His company uses a combination of technology and software to analyze data and get the right candidates in the right positions.
The company uses machine learning to analyze the candidates’ personalities, work habits and other attributes, and then uses that data to narrow the pool of candidates.
The average job on Paragon’s website takes only 30 minutes to fill.
But in the last two years, the company has seen an influx of candidates from the private market.
More jobs are being created in Canada, and there are more positions available than ever before, says Pritard.
It’s a positive sign for the economy, says John Anderson, an economist with CIBC World Markets in Toronto.
But if the demand increases, the private hiring will slow down.
The private sector has always had a shortage of people, Anderson says, but it hasn’t been that high.
“If there are new job openings, we think that there will be more jobs created, but we don’t know when,” he says.
The government is trying to get a handle on this trend, Anderson believes.
The government is encouraging companies to open offices in new locations, and is also expanding the number of positions available.
And with a growing private sector job market, there’s a lot to be optimistic about.