Job Market Monitor
Canada
Job Report in Canada, July 2017 – Little change in employment and unemployment declines to 6.3%
Following two months of notable increases, employment was little changed in July (+11,000 or +0.1%). As the number of people searching for work edged down, the unemployment rate declined by 0.2 percentage points to 6.3%. This is the lowest rate since October 2008, just prior to the onset of the 2008-2009 labour market downturn. In the 12 months to July, employment rose by 388,000 (+2.1%), mostly … Continue reading
Canada – Le marché du travail est robuste dit la Banque du Canada qui relève le taux directeur
La Banque du Canada relève le taux cible du financement à un jour pour le porter à 3/4 %. Le taux officiel d’escompte s’établit donc à 1 %, et le taux de rémunération des dépôts, à 1/2 %. Les données récentes ont renforcé la confiance de la Banque dans ses prévisions d’une croissance de l’économie supérieure à celle … Continue reading
Job Report in Canada, June 2017 – Employment rose by 45,000 in June, mostly in part-time work
Employment rose by 45,000 in June, mostly in part-time work. The unemployment rate was 6.5%, down 0.1 percentage points from the previous month. Compared with 12 months earlier, there were 351,000 (+1.9%) more people employed. Most of the growth was in full-time work (+248,000 or +1.7%), while part-time employment was also up (+103,000 or +3.0%). The total number of hours worked increased 1.4% over this period. In … Continue reading
Temporary Immigration in Canada – A new Global Skills Strategy
The Canadian government recently launched its new Global Skills Strategy (Strategy) to promote global investment in Canada and facilitate faster entry into Canada for top international talent. Initially announced in November 2016, this Strategy was developed after collaboration between various ministries to give Canadian employers a faster and more predictable process to attract global talent … Continue reading
Veterans in Canada – (73%) who worked since their release also reported that their military experiences, education and training helped them in their civilian careers
Military experience, education and training help Veterans find civilian employment Many Veterans found themselves working in jobs that used the knowledge and skills they acquired from their military service. Just over half of the Veterans (51%) who worked at a civilian job or ran a business reported that the knowledge and skills they used on … Continue reading
Immigration in Canada – The first 15 Express Entry draws of 2017 (47,876) exceed by far those of 2016 (16,033)
The first 15 Express Entry draws of 2017 have seen 47,876 Invitation to Apply (ITAs) issued to candidates in the pool. This number far exceeds the 16,033 ITAs issued over the first fifteen draws of 2016, and also surpasses the total number of candidates invited in all of 2016. Seven of the 15 Express Entry … Continue reading
Canada – Il faut perturber le statu quo du système d’éducation croit Deloitte
Avec une main-d’œuvre qui gagne rapidement en âge et l’évolution de la technologie qui fait en sorte que les compétences sont dépassées de plus en plus rapidement, le fait d’investir davantage dans des systèmes d’éducation conventionnels et des méthodes d’enseignement dépassées ne préparera pas les Canadiens pour les emplois de demain. Les gouvernements, le milieu … Continue reading
Canada – The 10 occupations with the highest average full-time hourly wage in Canada
The average hourly wage paid to full-time payroll employees in 2016 was $27.70, excluding overtime pay, tips, and incentive and performance pay. Wages varied notably across occupations and geographic regions. The data are drawn from the new wage component of the Job Vacancy and Wage Survey (JVWS), which provides wage information by both detailed occupation and economic … Continue reading
Job report in Canada, May 2017 – Employment rose by 55,000, unemployment rate at 6.6%
Employment rose by 55,000 in May, spurred by an increase in full-time work (+77,000). At the same time, the unemployment rate rose by 0.1 percentage points to 6.6%, the result of more people participating in the labour market. The employment increase in May builds on gains since July 2016, when the current upward trend began. Compared with 12 months earlier, there were 317,000 (+1.8%) more … Continue reading
Youth Unemployment in Canada – Always higher
However, participation rates are only one part of young people’s experience of the labour market. A second major factor is whether youth are able to find employment once they enter the workforce. The youth unemployment rate varied widely from 1946 to 2015. Relatively low until the mid-1950s, it climbed 5.9 percentage points from 1956 to … Continue reading
Productivité au Canada, 2016 – Progrès de 0,4 %, après avoir affiché un recul d’ampleur similaire en 2015
En 2016, la productivité des entreprises s’est accrue dans huit provinces ainsi qu’au Yukon. [Au Québec, la hausse se limite à Québec 0,2 %]. La productivité a diminué en Alberta (-1,1 %) et elle était inchangée en Saskatchewan, ce qui représente tout de même une amélioration par rapport à 2015 pour ces deux provinces. Dans les Territoires du Nord-Ouest … Continue reading
Job Report 2016 in Canada – People 55 and older had the fastest annual rate of employment growth (+146,000 or +4.1%)
People 55 and older had the fastest annual rate of employment growth in 2016 (+146,000 or +4.1%).This reflects population shifts related to the baby-boomer cohort, which began transitioning into the 55 and over age group around the turn of the 21st century. Both the population and employment growth rates for people 55 and older have … Continue reading
2016 Census in Canada – The largest increase in the proportion of seniors since Confederation
From 2011 to 2016, Canada registered the largest increase in the proportion of seniors since Confederation. This acceleration of population aging is the result of the first baby boomers reaching the age of 65. Today, Statistics Canada is releasing a second series of data from the 2016 Census on age and sex, and type of dwelling. The agency will release all 2016 Census … Continue reading
Job Report, Canada, April 2017 – The lowest unemployment rate since October 2008
Employment was little changed in April, while the unemployment rate declined 0.2 percentage points to 6.5%, the lowest rate since October 2008. The decrease was mostly the result of fewer youth searching for work. Compared with 12 months earlier, there were 276,000 (+1.5%) more people employed and the unemployment rate was 0.6 percentage points lower. Over the same period, the total number of hours worked … Continue reading
Over-Education in Canada – The effects on life satisfaction weaker in the immigrant population
The increased migration of skilled workers globally has led to a focus in the immigration literature on the economic costs of unsuccessful labour market integration. Less attention has been given to the consequences of employment difficulties, such as those related to over-education, on aspects of immigrants’ subjective well-being. Although a large proportion of immigrants experience … Continue reading
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