The Guelph Chamber of Commerce is partnering with Ryerson University and the Ontario Chamber of Commerce to help turn the tide on youth unemployment and address the skills gap. The Chamber is announcing Magnet, a leading-edge networking platform that will help employers in Guelph connect with recent graduates and qualified candidates.
The Magnet network has one goal: to ensure that individuals within its network are matched to promising job opportunities and that organizations connect to qualified candidates.
With Magnet, businesses can create profiles and search for qualified talent within Guelph and beyond. This effective, accurate, and efficient way works to match these candidates’ qualifications and interests with employers’ skills requirements.
“The Workforce Development Committee of the Guelph Chamber of Commerce has been involved with this project for the past year and is very pleased to see the launch of this important initiative,” says Lloyd Longfield, President & CAO of the Guelph Chamber of Commerce. “Many of our members have been telling us that they are having difficulties finding qualified candidates and our hope is that the Magnet Network will help to address this”
Magnet is built upon revolutionary networking technology developed through Ryerson University’s Digital Media Zone.
“Young people with talent and skill are the promise of our future,” says Sheldon Levy, President and Vice Chancellor of Ryerson University. “Lloyd and his team at the Guelph Chamber of Commerce deserve to be commended for their involvement in this breakthrough network that enables the right people to connect with the right jobs.”
The Magnet network currently includes 18 universities and colleges across Ontario, representing over 500,000 students and graduates, the network of chambers of commerce and boards of trade throughout Ontario, representing 60,000 employers and two million jobs, and over 30 labour- and opportunity-based organizations.
“Ontario’s employers are telling us that they’re finding it difficult to connect with workers that have the skills they need. Magnet is not only going to address this barrier by connecting businesses with the right candidates, but also by creating youth employment opportunities across the province—it’s a win-win scenario,” says Allan O’Dette, President and CEO of the Ontario Chamber of Commerce.
The Magnet network officially launches in early October, with the goal to first load in people looking for employment and then have employers load in the information of skills they are looking for. The program is known as "jobs looking for people" for this reason. Ultimately Guelph will get access to detailed labour market information, with most frequent skills employers are looking for to help college and university programming. There is no cost to job seekers.
To learn more, visit magnet.today
● Ontario’s youth unemployment rate currently sits at 15.4%.
● The unemployment rate in the Guelph area is 7.0%.
● According to an Ontario Chamber of Commerce survey, 23.7% of businesses in the Guelph area claim to have had difficulty hiring someone with the right qualifications.
● The Government of Ontario has invested almost $1.2 million to help expand Magnet across the province.
● Magnet is built upon revolutionary networking technology, called WhoPlusYou, developed through Ryerson University’s Digital Media Zone.
● The Magnet network currently includes 18 universities and colleges and the network of chambers of commerce and boards of trade across Ontario.