Job Market Monitor
Statistics Canada
Is it 75 now instead of 65?
Much has been written about the fact that financial necessity is making Canadians decide to stay in the work force past the traditional retirement age of 65. But there’s also a growing grey market of seniors who are choosing to recommit to their careers in their 60s and 70s. Older workers have dominated recent gains … Continue reading
Permanent Layoffs in Canada | Only around 40% are “rare” events, particularly among older workers
A new study by Statistics Canada by Garnett Picot, Zhengxi Lin and Wendy Pyper uses a new longitudinal data source on the separations of workers to address three issues: First, has there in fact been an increase in the permanent layoff rate in Canada in the 1990s, as one might anticipate given concerns about rising job instability? … Continue reading
Canadian Census Sheds Light on Immigration Success
The most recent Canadian census, published in May 2011, has revealed new information about emerging population trends throughout the country, and how immigration has responded to and shaped these trends. In the past 5 years Canada has welcomed 1,863,791 new permanent and temporary residents. Between 2006 and 2011, the country saw a 5.6% population increase … Continue reading
Job prospects in Canada remain weak, latest help-wanted survey suggests | CanadianBusiness.com
The Conference Board’s forward-looking indicator on labour markets suggests job growth will continue to be modest in the upcoming months. The think tank’s help-wanted index for February shows a mixed climate for job seekers. Prospects appear stronger in the West, but weak throughout much of Ontario. The index is one of the few forward-looking indicators … Continue reading
Canada | Older workers age 60-plus represent 8 per cent of the workforce, but account for 30 per cent of new job gains – thestar.com
The face of the Canadian worker is changing. Gone are the days of hitting the magic retirement age, and heading off to travel and enjoy life. More Canadians are working past 60, some well into their 70s, often because they can’t afford to retire. And getting squeezed in some cases, are other job-seekers, including new … Continue reading
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