No, the whole point of moving to EE is to get rid of occupation-specific selection process, and leave this to the job market itself. Thus the overweight of points on LMIA, which is employer-sponsored. If the job market of Canada requires 10000 chef this year, CIC will admit 10000 chefs.
The problem is job market can change dramatically and rapidly. (Look at oil / drilling industry, goes from labour-hunger to massive layoffs in less than 6 months) If CIC admits 10000 chefs this year due to extreme high demand, then next year the demand plummets, all of a sudden there is a oversupply of chefs in the market, and causes work reduction and layoffs.