Over the past five decades, the percentage of the working-age population migrating to other provinces has fallen from roughly 2% in the early 1970s to roughly 1% in 2015 (Chart 1). Part of the drop likely reflects the growing number of older workers in the labour force—such workers are less mobile than their younger counterparts. … Continue reading
Temporary foreign workers (TFWs) have been playing a growing role in Canada’s labour force and immigration system. The length and type of stay of TFWs in Canada have strong implications for the country’s immigration and labour policies. This study assesses the distribution of temporary workers among possible post-arrival residential trajectories to determine which TFWs are … Continue reading
This article in the Economic Insights series assesses the degree to which changes in labour demand affect the working-age population and the regional demographic dependency ratio, based on a range of administrative data and Statistics Canada’s population estimates. The results suggest that over periods of seven years, a 5.0% decline in regional labour demand reduces … Continue reading
Some provinces, with more economic diversification or a concentration of workers in areas that are not very susceptible to automation, appear to be better situated for technological change than others, according to a new report from the C.D. Howe Institute. In “Risk and Readiness: The Impact of Automation on Provincial Labour Markets,” author Rosalie Wyonch … Continue reading
Canadian businesses reported 468,000 job vacancies in the third quarter, up 62,000 (+15.1%) from the third quarter of 2016. The overall job vacancy rate increased 0.3 percentage points to 2.9% in the quarter. The job vacancy rate represents the number of job vacancies expressed as a percentage of labour demand; that is, the sum of all occupied and vacant jobs. Vacancies for permanent … Continue reading
Employment increased for a third consecutive month, up 79,000 in December. The unemployment rate continued on a downward trend, decreasing by 0.2 percentage points to 5.7%, the lowest since comparable data became available in January 1976. The employment increase in December was concentrated in part-time work, which rose by 55,000. The additional employment in December builds on growth observed in October … Continue reading
This note reviews the channels through which minimum wage increases can affect Canadian economic activity and inflation and assesses the macroeconomic impacts of the scheduled provincial minimum wage increases in the coming years. The key results are as follows: • The macroeconomic impacts of these measures may be significant because about 8 per cent of … Continue reading
Canada has an impending workforce gap that will be hard to bridge using traditional measures. Workforce expansion has been an especially strong driver of growth in Canada. But with twice as many employees aged 55+ today as in 1997, this will change in coming decades. To grow our workforce at the same rate moving forward, … Continue reading
Canada urgently needs a third pillar that focuses on supporting working adults. The Council anticipates that managing the expected labour market changes will require an additional $15 billion of annual investmentsin adult skills development. The magnitude of the coming changes also necessitates the development of a Skills Plan for Working Canadians that will guide Canada’s … Continue reading
This report is a product of the Pan-Canadian Education Indicators Program (PCEIP). It is intended to facilitate the comparison of educational systems in Canada’s provinces and territories with those of countries that belong to the Organisation for Economic Co-operation and Development (OECD). The document presents a series of indicators harmonized to the definitions and methodologies … Continue reading
Understanding whether the skills employers are looking for differ from the ones available in the labour market is important. Some evidence hints that Canadian employers are having difficulty recruiting qualified workers. Employers are looking to recruit employees who can adapt to changing workplace and industry conditions, as well as those who demonstrate strong “people skills” … Continue reading
Chosen excerpts by Job Market Monitor. Read the whole story at Canadians in the workforce, 2016 Census of Population
Employment increased for the second consecutive month, up 80,000 in November. The unemployment rate fell by 0.4 percentage points to 5.9%, the lowest rate since February 2008. In the 12 months to November, employment was up by 390,000 (+2.1%), with all the gains attributable to full-time work (+441,000 or +3.0%) as part-time employment was down slightly. Over the same period, total hours worked grew by 1.0%. The … Continue reading
Amid an aging society and rising labour market participation rates among older Canadians, it is important to understand the factors affecting the employment decisions of older workers. Although there is a large research literature estimating the effects of income taxes on the labour supply decisions of young and middle-aged workers, the ways in which older … Continue reading
Les Canadiens tirent fierté de leur société ouverte, diversifiée et innovante. Pourtant, le Canada est-il prêt à affronter les défis de l’avenir? Les jeunes Canadiens ont besoin de connaissances, de compétences et d’expériences pour réussir dans un monde de plus en plus complexe et compétitif. L’innovation technologique transforme la nature du travail et les compétences … Continue reading