Sault Ste Marie Chamber Of Commerce

Your Recognized Voice of Business in Sault Ste Marie

MEDIA RELEASE - Sault Ste. Marie Chamber of Commerce has plan to tackle youth unemployment in region

MEDIA RELEASE
 
For Immediate Release
October 2nd, 2014
 
Sault Ste. Marie Chamber of Commerce has plan to
tackle youth unemployment in region
 
Sault Ste. Marie, ON – The Sault Ste. Marie 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 Sault Ste. Marie 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 qualified talent within Sault Ste. Marie and beyond. This effective, accurate, and efficient way works to match these candidates’ qualifications and interests with employers’ skills requirements.
 
“Magnet can be used by any employer but was designed with a focus on the needs of small- and-medium-sized employers (SMEs),” notes Mark Barsanti, President of the Sault Ste. Marie Chamber of Commerce. “We feel that this is going to make Magnet a very attractive and powerful tool for our own local employers, most of which fall into that category of business.”
 
Magnet is built upon revolutionary networking technology developed through Ryerson University’s Digital Media Zone.
 
“It is important to have communities like Sault Ste. Marie contribute to the Magnet network,” says Sheldon Levy, President and Vice Chancellor of Ryerson University. “By working together to build the network as a hub for making connections and discovering opportunities, we are helping to address unemployment and underemployment in the province.”
 
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.
 
Barsanti adds: “Everybody involved and supporting the launch of this new initiative came together based on a shared desire to improve the employment outlook for youth, the under-employed, new immigrants and people transitioning to new careers. Additionally, we also recognize that with 45.9% of businesses in Sault Ste. Marie that responded to a recent Ontario Chamber of Commerce survey, claiming to have had difficulty hiring someone with the right qualifications, there is need to provide tools that will help these businesses make that match and keep them competitive and viable.”
 
The Magnet network officially launches in early October.
 
To learn more, visit magnet.today
 
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For comment, contact:
Mark Barsanti, President 2013 / 2014
Sault Ste. Marie Chamber of Commerce
 
Sault Ste. Marie Chamber of Commerce office: 705-949-7152
 
Key Facts
  • Ontario’s youth unemployment rate currently sits at 15.4%.
  • The unemployment rate in Sault Ste. Marie is 7.1%.
  • According to an Ontario Chamber of Commerce survey, 45.9% of businesses in Sault Ste. Marie 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.