Job Market Monitor
Canada
Canada – Aging population could have a positive effect on the labour market outcomes of youth research finds
Post-recession it is common to hear concerns that youth, facing high unemployment rates, are unable to find good job opportunities. Historically, youth have experienced higher unemployment rates than older workers. In the context of an aging workforce dominated by the baby boom generation and delayed retirement, there appears a general concern that older workers are … Continue reading
Canada – Temporary Foreign Workers program will include cap and heavy fines
Changes to the temporary foreign workers program will include a cap on the number of workers coming to Canada for low-wage jobs, and heavy fines for employers who break the rules, CTV News has learned. Employment Minister Jason Kenney will announce the changes during a news conference Friday. The limit on low-wage workers will apply … Continue reading
Employment Insurance in Canada – Up slightly +1.1% in April
The number of people receiving regular Employment Insurance EI benefits totalled 517,100 in April, up slightly +1.1% or +5,600 from March. The number of beneficiaries has been relatively unchanged for almost a year, following a long-term downward trend that began in the summer of 2009. Quebec, Nova Scotia and New Brunswick saw increases in the number of beneficiaries, … Continue reading
Canada – Record level have been with the same employer for at least five years is now at a study finds
Job for life?Job stability isn’t a “thing of the past,” but rather is stronger now than ever before, a new report finds. Indeed, says the study by Canadian Imperial Bank of Commerce, the number of Canadians who have been with the same employer for at least five years is now at a record level. “The … Continue reading
Mobility in Canada – Infrastructure tradespersons are no more likely to have migrated from another province or region
In 2011, “infrastructure tradespersons” aged 25 to 44 were no more likely to have migrated from another province or region than those who had other types of postsecondary credentials. Infrastructure tradespersons are defined as those who had a certification in trades and whose major field of study was in construction trades, mechanics and repair, precision production, or heavy equipment machinery … Continue reading
Canada – 6.8 unemployed people for every job vacancy in March
Canadian businesses reported 206,000 job vacancies in March, down 17,000 compared with 12 months earlier. For every job vacancy, there were 6.8 unemployed people, up from 6.3 in March 2013, the result of fewer job vacancies. Unemployment-to-job vacancies ratio increases in Quebec and Saskatchewan In Quebec, there were 10.1 unemployed people for every job vacancy, up from 7.5 in March 2013, as there were fewer job vacancies in the province. Chosen … Continue reading
Canada – Weak job creation in Ontario, Quebec and Atlantic provinces is a big risk to the economy
Finance Minister Joe Oliver was warned in a meeting Monday with top Bay Street economists that Canadas economy is at risk unless there is more job creation in central and eastern Canada. One of those economists, Douglas Porter, chief economist at BMO Capital Markets, told reporters after their meeting with Oliver that Alberta alone has … Continue reading
Canada – Nobody has stepped forward to drive a national program for better labour market information says Don Drummond
Canada has poor labour market information and as a result we do not have answers to simple questions that affect Canadians’ livelihoods. Employers complain they cannot find enough skilled workers, yet the Canadian unemployment rate is far from its lowest level. Does Canada not have enough workers or are they in the wrong places with … Continue reading
Canada – Apprenticeship up 6.8% in 2012
Apprenticeship training programs across Canada received 104,280 new registrations and reinstatements in 2012, up 6.8% from 2011. This marked the highest number of new registrations and reinstatements individuals who were reinstated in 2012 after a year or more of absence since the beginning of the economic downturn in 2008. Total registrations in apprenticeship training programs across Canada increased 4.3% from 2011 to 444,672 in 2012. New registrations in Red … Continue reading
Canada – Six of 10 provinces saw employment drop below year-ago levels
Looking deeper into last Friday’s jobs numbers, BMO’s Benjamin Reitzes says the Statistics Canada report “reinforced that the Alberta economy is in a league of its own. ”Employment in Alberta, home to Canada’s oil industry, has climbed 3.2 per cent over the course of a year, compared to just 0.1 per cent for the rest … Continue reading
May Canada Job Report 2014 – Employment up by 26,000 but UR increased to 7.0%
Employment edged up by 26,000 in May, driven by gains in part-time work. The unemployment rate increased 0.1 percentage points to 7.0% as there were more people in the labour market. Overall employment growth has been subdued since August 2013. In the 12 months to May, employment increased by 86,000 or 0.5%, with all the growth in part time. Over the same period, the number of … Continue reading
Canada – Increase in women participation is over
The long-term economic growth trend in Canada will slow because female participation in the workforce has probably crested, says Organization for Economic Cooperation and Development economist Peter Jarrett. “We have been living off the fact that steadily more young women were entering” the labor force, said Jarrett, who covers Canada for the Paris-based OECD. “That … Continue reading
Immigrants in Canada – Things changed for arrivals in the 2000s: the entry earnings advantage decreased continuously Stat Can finds
A new study shows that the relative earnings advantage that university-educated immigrants have over their less-educated counterparts shortly after their arrival in Canada has narrowed over the last 30 years. However, university-educated immigrants continue to experience stronger earnings growth then their less-educated counterparts, with time spent in Canada and, hence, have higher earnings over the medium-term. This … Continue reading
EI in Atlantic Canada – The premiers got to look at a draft report
The premier of Prince Edward Island says he wants changes to the employment insurance program reversed, regardless of what a report says about the impact those changes have had on Atlantic Canada. `My demand in regards to EI has not changed, regardless of what this report is going to say, Robert Ghiz said Monday following … Continue reading
Wal-Mart Canada – 750 layoffs
Wal-Mart Canada has confirmed it laid off hundreds of employees across the country earlier this month in a move to rework its management structure. The Arkansas-based retailer said it eliminated 750 jobs — which is says represented less than one per cent of staff — after testing a new management structure in select stores. As … Continue reading
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