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Canada, Career, Disability, Diversity, Employers, Immigration, Job Seeker, Labour Market, Literacy, Newcomers, Older Workers, Women, Youth

Labour Market Forecast

“There is a looming demographic and labour market crises which has the potential to shake the very foundations of our society.”1

labourmarketAs ‘baby boomers’ move into retirement, we will continue to experience a growing labour shortage. The Conference Board of Canada states there is a ratio of 4:1 workers to retirees today, by 2035 the ratio will drop to 2:1.

How will Canada close the gap between labour force demand and a skilled work force? Rick Miner, Labour Market Expert, advises that “there is a surplus in the midst of the shortage and proposes the following solutions:

  • Increased involvement of women
  • Increased involvement of older workers (55+ yrs)
  • Increased involvement of youth (15-24yrs)
  • Increased immigration of younger skilled workers
  • Increased involvement of Aboriginals
  • Increased involvement of persons with disabilities
  • Increase Canadian literacy rates
  • Increase workplace training

Tune in next month to hear Maralyn Tassone, Executive Director for DRUHC, speak about Canada’s Labour Market Future.

  1. ‘People Without Jobs Jobs Without People Canada’s Labour Market Future’, Rick Miner PhD, Miner Management Consultants, 03-2010

 

Read Employment E-News – October 2016 – Canada’s Labour Market Future

Image provided by www.1COMMUNITY1.ca.

 

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About Durham Region Unemployed Help Centre

Whether you're looking for a job, or wanting to hire new skilled job ready employees , the Durham Region Unemployed Help Centre can help. Locations in Pickering and Oshawa, Ontario, Canada.

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