Job Market Monitor
Canada
Employment Insurance in Canada – 39.0% of the unemployed in 2014 had not contributed
The rate of eligibility for receiving regular Employment Insurance (EI) benefits was 83.1% in 2014, down from 85.8% in 2013, but in line with the 83.0% average seen over the previous 10 years. The decline in 2014 was most notable among youths aged 15 to 24 and men of all ages. To be eligible to receive regular benefits, unemployed individuals must have contributed to the EI program, met … Continue reading
Brain Drain in Canada – Reversing it
In the 1990s, this country was consumed with the spectre of a “brain drain”: the loss of scientific, engineering and medical talent to the U.S. in an era of Canadian belt-tightening. “There was a very real concern that the scientific community in the country would implode,” says Alan Bernstein, president of the Canadian Institute for … Continue reading
Finning International – To cut 1,100 jobs due to weak Caterpillar sales
Canada’s Finning International Inc, the world’s biggest dealer of Caterpillar Inc equipment, said it would cut 1,100 jobs in Canada and South America due to weak sales. Source: Canada’s Finning to cut 1,100 jobs due to weak Caterpillar sales | Business | Reuters
Canada – Losing high-paying jobs for first time since recession
Canada has been losing high-paying jobs for the first time since the recession. David Madani of Capital Economics crunched the latest Statistics Canada numbers and found that “employment and income trends have worsened,” with a slowdown in the rise of lower-paying jobs and an outright loss of higher-income positions largely because of the oil shock. … Continue reading
Mères au Canada – Le plus faible temps de loisir jamais mesuré dans les enquêtes
Que font les Québécois de leur temps ? Une étude comparative menée auprès de 15 000 Canadiens lors de cinq grandes enquêtes réalisées de 1986 à 2010 par Statistique Canada sur l’emploi du temps révèle que les Québécois allouent désormais près de 46 heures par semaine au boulot, si l’on inclut les heures non rémunérées et le temps de … Continue reading
Social Assistance Receipt Among Refugee Claimants in Canada – At least 65% in the first year, over 85% in Quebec
Prior to the December 2012 reforms to the in-Canada refugee determination system, it was possible for some refugee claimants to reside in Canada for several years before the final adjudication of their claim. Their labour market activities, their receipt of publicly funded benefits, and their well-being during that period are relevant to public policy. Nonetheless, … Continue reading
Immigrants who had prior Canadian skilled work experience had a very large initial earnings advantage study finds
Although most Canadian temporary foreign worker programs did not include provisions that allow participants to apply for permanent residency until recently, a substantial number of temporary foreign workers have become landed immigrants since the 1980s. For instance, from 2008 to 2012, about 32,000 temporary foreign workers gained permanent residency each year, accounting for 13% of … Continue reading
Youth Labour Force Participation in Canada – The first significant, prolonged decline since the early 1990s
The labour force participation rate of 15- to 24-year-olds (the percentage who are employed or seeking employment) declined from 67.3% in 2008 to 64.2% in 2014, reflecting a 3.8-percentage-point drop from 2008 to 2012 followed by a slight increase (Chart 1). The decline was particularly pronounced among youth aged 15 to 19, whose participation rate fell … Continue reading
Canada Job Report, October 2015 – Employment increased by 44,000 (+0.2%) to over 18 million for the first time
After four months of little change, employment increased by 44,000 (+0.2%) in October, bringing the number of people employed in Canada to over 18 million for the first time. The unemployment rate declined by 0.1 percentage points to 7.0%. Compared with 12 months earlier, employment was up 143,000 (+0.8%), with all of the gains in full-time work. During the same period, the total number of hours … Continue reading
Self-employment in Canada – Aging and the shift of employment to older age groups led to an increase in the aggregate self-employment rate
Canada has a large group of unincorporated self-employed businesses that play a critical role in the early lifecycle of firms. This study presents summary statistics on the importance of a particular group of the self-employed: those whose primary source of income from employment comes from an unincorporated business. The unincorporated self-employed measured in this study … Continue reading
Canada’s September 2015 Job Report – A decline of 62,000 in full time employment, but overall little changed
Employment was little changed for the fourth consecutive month in September (+12,000 or +0.1%). The unemployment rate increased by 0.1 percentage points to 7.1% as more people participated in the labour market. Part-time employment rose by 74,000 in September, which was largely offset by a decline of 62,000 in full time. Provincially, employment rose in British Columbia, Alberta, Manitoba, Nova Scotia, Saskatchewan and … Continue reading
Grads in Canada – Earnings increased for male in Engineering and for female Earnings increased for male postsecondary graduates in Engineering and for female in Health
In 2005, Canadian-born male and female bachelor’s degree holders aged 25 to 34 earned on average $65,400 and $46,500 (in 2012 dollars) in wages and salaries, respectively. This was more than $20,000 higher than the earnings received by their counterparts with only a high school diploma (Table 1 and Charts 1 and 2).Note 4 While … Continue reading
Grads in Canada – The impact of further studies
By field of study, the largest difference in the employment rate for university degree-holders who completed further studies compared with those who did not was 8.2 percentage points for those who first studied physical and life sciences and technologies (78.1% versus 69.9%). The second-largest difference was 6.7 percentage points for people who had a university degree in social and behavioural … Continue reading
Alberta – From labour shortages to 35,000 oilpatch jobs lost
Less than a year ago, Alberta was still complaining of a labour shortage. Schools couldn’t find bus drivers, job vacancy rates were the highest in the country. It’s no secret that the situation has changed. The Canadian Association of Petroleum Producers says that 35,000 oilpatch jobs have been cut this year, 25,000 from the oil … Continue reading
Canada – In recession as economic growth shrank for a second quarter in a row
Canada’s economy contracted by an annualized 0.5 percent in the second quarter, according to Statistics Canada data on Tuesday, indicating a recession in the first half of the year. The second-quarter downturn was less than the 1.0 percent decline forecast by economists, and followed a more deeply revised contraction of 0.8 percent in the first … Continue reading
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