Two major recent studies – from Derek Burleton and his colleagues at Toronto-Dominion Bank, and from former senior federal government official Cliff Halliwell published by the Institute for Research on Public Policy – provide excellent overviews of recent developments in the Canadian job market, and an informed framework for thinking about our future skills needs.
Pointing to the lack of wage growth in occupations that are allegedly in short supply of workers, as well as limited reported job vacancies, the studies agree that the extent of skills shortages in Canada today is greatly exaggerated. Both question the need for large numbers of temporary foreign workers.
This message seems to have finally got through to the Harper government. In a speech to the Vancouver Chamber of Commerce on Nov. 14, Employment and Skills Development Minister Jason Kenney told employers to stop complaining and to stop relying excessively upon temporary workers. Instead, he said, employers should “put more skin in the game” by increasing wages in high-demand occupations and by investing more in the training of Canadians.
Chosen excerpts by Job Market Monitor. Read the whole story at
Canada / Is the widespread assumption that Canada is suffering from a growing shortage of labour true?
“When the Royal Bank of Canada was recently caught up in a maelstrom of bad publicity over its use of temporary foreign workers, it led politicians and pundits to scrutinize and question the growing use by Canadian firms of imported, short-term labour” Kevin McQuillan in ALL THE WORKERS WE NEED: DEBUNKING CANADA’S LABOUR- SHORTAGE FALLACY (Adapted … Continue reading »
Canada’s Skills Gap / 88% of respondents ready to acquire new skills and 38% ready to relocate Hays finds
Canadian workers are beginning to respond to Canada’s well-known and continually growing talent shortage and skills mismatch by retraining themselves for in-demands jobs Continue reading »
In our single-minded obsession with academia, we forgot that the millions of people who literally built our economy would one day be retiring Continue reading »
Canada’s Skills Gap / Needs to do a better job of collecting and disseminating reliable labour market information
Canada needs to do a better job of collecting and disseminating reliable labour market information, the kind employers, students and policy-makers can rely on to make good decisions, observers say. “Our data is horrible,” said Rick Miner, a former Seneca College president who took part in a federal labour market advisory panel in 2009. The … Continue reading »
What is full employment in Canada ? / Too few Canadians are unemployed to meet the inflation target writes CIBC
The Bank of Canada is careful to express the degree of slack in the economy through reference to the “output gap,” a measure tied to real GDP. That avoids ever having to say that too few Canadians are unemployed to meet the inflation target, but that’s really what’s implied when the output gap turns positive writes CIBC Continue reading »