Job Market Monitor
Canada
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
High School Dropouts in Canada – 8.5% of men and 5.4% of women aged 25 to 34 had less than a high school diploma, representing about 340,000 young in 2016
Western countries have the highest levels of educational attainment in the world. Many individuals, however, do not have a high school diploma and consequently do not have any certification from the school system. For example, among Canadians aged 25 and over in 2016, 14% reported that their highest level of education was “less than high … Continue reading
International Students in Canada – Their average labour market outcomes lag behind their Canadian-born counterparts
In response to substantial provincial funding cuts through the 1990s combined with a declining postsecondary-aged domestic student population, Canada’s postsecondary institutions are increasingly tapping into the international student market for their tuition revenues. Complementing this increase, the Canadian government has in recent years made a number of important changes to its immigration policies easing the … Continue reading
Talent for ICT in Canada – The immigration stream
The application and adoption of social, mobile, applications, analytics and the cloud (SMAAC) and Internet of Things (IoT) in sectors such as health, manufacturing, natural resources, financial services and government services has created strong demand for highly skilled workers capable of implementing and managing these technologies. However, Canada is experiencing a shortage of skilled ICT … Continue reading
Immigration in Canada – Lowest Score for Canada Express Entry draw
Canadian Immigration authorities conducted the 10th round of invitations under Express Entry in 2017 and 60th overall, inviting 3,665 applicants for permanent residence, under all programs. The lowest Comprehensive Ranking System (CRS) score was 415, a record for the all-time low CRS score for Express Entry. Chosen excerpts by Job Market Monitor. Read the whole story at New Record For … Continue reading
Job Vacancies in Canada, Q4-2016 – Up 6.3% with job vacancy rate at 2.4%
Job vacancies rose 6.3% from the fourth quarter of 2015 to 375,000 in the fourth quarter, following little year-over-year change in the third quarter. Meanwhile, the job vacancy rate increased 0.1 percentage points to 2.4%. Compared with the third quarter of 2016, the number of job vacancies (unadjusted for seasonality) fell by 6.6% in Canada, while the job vacancy rate decreased by 0.1 percentage points. These quarter-to-quarter … Continue reading
Registered Education Savings Plan (RESP) in Canada – An account at age 15 is associated with higher postsecondary enrolment rates by age 19
The registered education savings plan (RESP) investment vehicle is designed to encourage parents of school-age children to save early for their children’s education. This study investigates RESP investments in families, by family income, and subsequent postsecondary enrolment among children in these families. The study finds that among families with children under the age of 18, … Continue reading
