LPS said:
^ It's true that CEC applicants currently don't need to be working - indeed, they don't even have to be in the country.
But it has been said that Express Entry will be a "mandatory first step" for CEC (http://www.cic.gc.ca/english/department/acts-regulations/forward-regulatory-plan/irpr-eoi.asp). To my mind, this means CEC applicants will indeed have to have a job offer from a Canadian employer.
Yes, but the existing document about EE also states that you might not be invited for EE if you do not fall high enough on the CIC list according to their criteria. Having a skilled job currently or have an offer is the main one among those.
It also goes on to state that you might be given a chance to reapply for EE (if you were not selected the first time) while your original app might still be in process.
This makes feel like following:
a) You have to meet all requirements for a normal PR program such as CEC to file application for CEC. If you already have a job with an employer, you probably can apply via EE route.
b) If you currently don't have a job you will probably be not considered in EE while your CEC application will still be in place.
c) In 12 months you will probably be able to reapply to EE (without submitting a new CEC application).
I think that any one who qualifies EE would be receiving PR much faster. Those WITH REGULAR CEC application might have to wait for much longer times, but might still be accepted since they didn't exactly close down CEC program. They just added a priority based system via EE on top of that.
Those who do not meet that, technically should still be processed. Just my two cents from reading all the currently available EE info.