In the News

Canada / The myth of the skills shortage

Canada’s federal politicians are fond of trumpeting that Canada’s economy has performed better than almost any other jurisdiction, and that we should be thankful for their “prudent economic management.” In actual fact, however, the hard numbers indicate that Canada’s jobs performance has been ho-hum at best — and isn’t getting any better.

Part of the confusion stems from how labour market performance is measured. The government emphasizes absolute growth (or growth rates) in total employment. They boast that Canada has created over a million net new jobs since the worst of the recession: a statement that is correct, but misleading. Remember, any economy with a growing population must create many jobs each year just to keep up with population growth. In Canada’s case, our working-age population grows relatively rapidly: by over 350,000 persons per year (one of the fastest growth rates in the OECD). In other countries (like Germany or Japan), population is stable; hence the labour market can attain a much stronger balance between demand and supply with little or no absolute growth in the total number of jobs. Any increase in absolute employment levels must be considered relative to the supply of available potential workers.

The best way to measure labour market performance, therefore, is to measure employment as a proportion of the working-age population.

Chosen excerpts by Job Market Monitor. Read the whole story at 

Capture d’écran 2014-01-08 à 08.55.46

via The myth of the skills shortage in Canada’s labour market |

Related Posts

Canada / No ‘hard underlying facts supporting’ labour shortages says TD


“From an economy-wide perspective, it is hard to make the case that widespread labour shortages currently exist” says TD Continue reading »

Canada / Is the widespread assumption that Canada is suffering from a growing shortage of labour true?

POSTED BY  ⋅ MAY 24, 2013 ⋅ 9 COMMENTS

“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 »

Labor Shortages in Canada / A reason why you’re often behind schedule and over budget


Energy companies trying to raise almost $50 billion for Canada’s first network of natural gas export terminals will face an even more basic challenge: finding the workers to build them Continue reading»

Canada / No shortage of workers, invest in training say studies


Two major recent studies provide excellent overviews of recent developments in the Canadian job market, and an informed framework for thinking about our future skills needs writes The Globe and Mail Continue reading »

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter



%d bloggers like this: