Job Market Monitor
Canada
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
Refugees in Canada – Mixed success when it comes to economic outcomes
Since the fall of 2015, refugee resettlement in Canada has risen dramatically as the Trudeau government committed itself to admitting at least 25,000 Syrian refugees—a goal accomplished by the end of February 2016. As Canada expands its resettlement efforts, ensuring the labor-market integration and self-sufficiency of these new arrivals is a major challenge. Refugees in … Continue reading
Job Report in Canada, March 2017 – Employment was little changed (+19,000 or +0.1%)
Employment was little changed in March (+19,000 or +0.1%), while the unemployment rate rose 0.1 percentage points to 6.7% as more people searched for work. In the first quarter of 2017, employment gains totalled 83,000 or 0.5%. This growth is comparable to the last quarter of 2016 (+91,000 or +0.5%) and notably higher than the first quarter of 2016 (+36,000 or +0.2%). Compared with 12 months earlier, employment increased by 276,000 (+1.5%), mostly … Continue reading
Canada – Individuals with lower levels of education save less for retirement
Using two new datasets that link survey respondents from the 1991 and 2006 censuses of Canada to administrative tax records, this paper assesses the extent to which education affects how Canadians save and accumulate wealth for retirement. First, using descriptive analysis, this study finds the following: Across groups of individuals based on their highest level … Continue reading
Education in Canada, 2015-2016 – 97% of 15-year-olds were attending school, 24% of 19-year-olds were in college and 36% of 21-year-olds were at university
From 2004/2005 to 2014/2015, the proportion of full-time elementary/secondary teachers under the age of 30 decreased, while the comparable proportion of teachers 60 years of age or older increased. This is in line with what has been observed in Canada more generally, namely that the Canadian population is aging and that the older generation is increasingly postponing retirement. During this same time … Continue reading
Apprentis au Canada – Ceux qui ont terminé leur programme étaient plus susceptibles de se trouver un emploi
La forte croissance économique relativement constante depuis 2000 et les pressions démographiques comme le vieillissement de la main-d’œuvre ont contribué à la demande accrue d’ouvriers de métiers qualifiés. Malgré le déclin qui a suivi la récession économique de 2008 et 2009, le nombre de nouvelles inscriptions aux programmes d’apprentissage a augmenté de près de 200 % … Continue reading
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
Job Market Monitor 