Canadian tech jobs scene strong: Lighthouse Labs new report

 Canadian tech jobs scene strong: Lighthouse Labs new report

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Canadian tech jobs remain in good health, says the latest 2022 Student Outcomes Report by Lighthouse Labs. The company offers tech education programs in cyber security, data science, data analytics, web development, and more. The analysis is based on employment outcomes for its 570 enrolled student during the January 2022 to March 2023 period.

Despite economic challenges and seasonal fluctuations, Canada continues to face a shortage of digital skills talent. However, Lighthouse Labs graduates have performed well. About 85% of the 2022 cohort secured relevant tech roles, and 82% accomplished this within 180 days after graduation. The average starting salary for 2022 alumni stands at CA$58,549. The alumni secured jobs in reputed companies, such as Bell, Telus, and CapGemini.

While it may not accurately represent the entire ecosystem, this is a positive sign for skilled tech talent looking for new roles. Especially in the current environment, where a freeze in VC funding is ongoing and global layoffs are widespread, the news is welcome.

“As digital transformation continues to accelerate rapidly across every industry, the findings from our Student Outcomes Report demonstrate that regardless of external economic disruptions, there will always be opportunities for skilled tech professionals. At Lighthouse Labs, we’ll continue to look for innovative ways to support the next generation of tech talent and provide high-quality tech education that’s accessible to all. We’ve recently rolled out our Flex Initiative across all programs so that students can tailor their learning experience to fit their personal circumstances. We look forward to helping transform the lives and careers of many more students in the future.”

Jeremy Shaki, CEO of Lighthouse Labs

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High majority of company’s alumni find Canadian tech jobs

The findings underscore the ongoing high demand for skilled professionals, at least in Data Science, Web Development, and Cyber Security. Key insights from the 2022 Student Outcomes Report on the three areas are as follows.

Web Development graduates overcame global challenges and quickly secured relevant roles, with 82% finding employment within 180 days of job searching. Overall, Lighthouse Labs reports that 85% of its job-seeking alumni in this area were placed. The field of web development continues to experience strong demand, with a multitude of job openings available throughout Canada. Among those who landed jobs, an impressive 99% secured full-time positions instead of internships or co-ops. Graduates in web development had an average starting salary of about CA$58,245.

In 2022, the surge in cybersecurity breaches and incidents prompted organizations to prioritize cybersecurity measures, resulting in heightened awareness and investment. The company declared that every cybersecurity graduate of the company secured a full-time position, with no internships or co-op placements. During their job search, 89% of cybersecurity alumni looking for employment successfully found roles. Cybersecurity average starting salary was CA$56,520.

The demand for data roles soared across industries as businesses recognize the value of data-driven decision-making and growth. Lighthouse says that an overwhelming 98% of data science graduates secured full-time positions, with a minority choosing internships or co-op placements. During their job search, 86% of data science alumni found success in securing roles. Data science alumni average starting salary was about CA$60,780.

Lighthouse Labs is in its 10th year, and claims to have worked with over 40,000 students.

Also read: Bell Canada lays off 1,300 staff, creates new panic in media


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