Job Market Monitor
Alberta
Job Outlook in Alberta’s Oil Sand Sector – A decrease of 84% of on-site construction jobs by 2020
In today’s economic environment, fluctuations in oil prices are resulting in regular revisions of capital and operating expenditure projections. This report, together with other industry and sectoral employment outlooks to be released in 2016, serve to provide projected employment based on 2015 spending projections, as well as forecasted production volumes released by the Canadian Association of Petroleum … Continue reading
Canada’s petroleum industry – 40,000 jobs cut and more layoffs still to come
After almost two years of sinking oil prices and at least 40,000 job cuts, Canada’s petroleum industry still isn’t finished tackling its bloated operations. The next round of layoffs has already begun with Cenovus Energy Inc. and Murphy Oil Corp. announcing workforce reductions last week. Ongoing cuts by Suncor Energy Inc., Encana Corp. and others … Continue reading
Alberta – Unemployment rate at highest level in more than 20 years
Alberta’s unemployment rate hit its highest level in more than 20 years in February, after climbing more than 2.5 points in the past year. Statistics Canada reported Friday that the province’s unemployment rate hit 7.9 per cent in February, its highest mark since August 1995. That’s up 0.5 points from January and 0.6 points higher than the … Continue reading
Alberta – 19,600 Job losses last year
Alberta suffered its worst year for employment losses since the dark days of the National Energy Program and early 1980s recession, revised labour figures from Statistics Canada show. Statscan’s annual revisions of its national Labour Force Survey data ratcheted up Alberta’s job losses last year to 19,600, from the 14,600 the statistical agency originally reported … Continue reading
Minimum Wage in Alberta – Going up to $11.20 on October 1
Alberta, one of the lowest payers of minimum wage in Canada, is becoming one of the highest. As part of a plan to increase Alberta’s minimum wage to $15 an hour by 2018, the province announced Monday the current minimum wage will increase from $10.20 to $11.20 on October 1st. When that kicks in, only Ontario ($11.25 … Continue reading
Canada’s Oil and Gas Industry – Could lose as many as 185,000 direct and indirect jobs
In 2014, the oil and gas industry spent more than $125 billion on exploration, development and production activities in Canada, supporting more than 720,000 direct and indirect jobs. With an anticipated $31 billion reduction in capital and operational expenditures in 2015, the Canadian economy could lose as many as 185,000 direct and indirect jobs related … Continue reading
Alberta – it’s going to be very hard to avoid a recession this year Conference Board of Canada’s chief economist says
With 0il prices plunging almost 6o per cent and job cuts mounting within companies like Suncor Energy and Shell Canada, the spectre of recession has suddenly emerged in Alberta. After gushing about the “superstar” local economy at a speech in Calgary last November, the Conference Board of Canada’s chief economist, Glen Hodgson, ominously warned this week that “it’s going to be very … Continue reading
Canada – Six of 10 provinces saw employment drop below year-ago levels
Looking deeper into last Friday’s jobs numbers, BMO’s Benjamin Reitzes says the Statistics Canada report “reinforced that the Alberta economy is in a league of its own. ”Employment in Alberta, home to Canada’s oil industry, has climbed 3.2 per cent over the course of a year, compared to just 0.1 per cent for the rest … Continue reading
Temporary Foreign Worker in Canada – Eased hiring conditions have risen unemployment rates in Alberta and British Columbia says CD Howe
Since easier access to a large supply of foreign labour might generate undesirable incentives on the part of both employers and prospective workers, a Temporary Foreign Worker (TFW) program requires careful design. Failure at any stage of the process – at time of hiring, during employment, or at the end of the contract – is … Continue reading
Petroleum Services Association of Canada – The next bottleneck is going to be skilled labor
Asked what keeps him awake at night, the president and CEO of the Petroleum Services Association of Canada, Mark Salkeld, says, “Labor, labor and labor.” At PSAC, Mark Salkeld represents 260 energy services companies that employ more than 80,000 people. He and all of the HR executives at his member companies know that employment in … Continue reading
Alberta / Job growth polarized
Alberta – the economic powerhouse of the country – also shed nearly 12,000 jobs last month. But trends are built over several months, and December’s loss comes on the heels of five consecutive months of gains in Alberta. Even counting the big drop last month, the province saw a net gain of nearly 71,000 jobs … Continue reading
Alberta / McDonald’s hiring 500 full-time, part-time and manager positions
Fast food chain McDonald’s is going on another hiring blitz. On Friday, it’s holding its second consecutive West Hiring Day, looking to fill nearly 500 full-time, part-time and manager positions across Alberta, 116 of which are in Calgary. West Hiring Day is a one-day hiring event held at participating restaurants in British Columbia, Alberta, Saskatchewan … Continue reading
Canada / Skilled workers lured west, Thx EI changes
Of all the provinces, Alberta registered in the 2011 survey as having the largest proportion of workers – 7.6 per cent – who were living in a different province five years earlier. Continue reading
Alberta / Teacher layoffs to come
Large numbers of layoffs seem possible. The Calgary and Edmonton public boards alone expect to lose more than 350 teachers by fall. Continue reading
Alberta / Fast Tracking Skilled Immigrants or Training Canadians ? (video)
A fast track for skilled immigrants takes effect today, but should we be training more Canadians. Source: via Alberta Primetime – Alberta’s Fast Track for Skilled Immigrants.
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