Labour Market Trends



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The Web Labour Market Trends
			Influx of young workers will force employers to get creative with group benefits Over the course of the next 15 years, as Baby Boomers reach retirement age, more and more companies will be competing fiercely for Generation Y's. Canada needs to boost manufacturing sector, Mulcair tells Alberta audience Canada needs to boost its manufacturing sector to make up for jobs that will be lost in oil refining. Fewer Canadians living paycheque to paycheque A new survey suggests fewer Canadians are living from paycheque to paycheque, and more are putting money aside for a rainy day or retirement. Canadians more optimistic about job security A new Labour Day survey suggests Canadians are more optimistic this year about their job security as well as hiring and growth prospects at their companies — and many expect a raise. The global implications of North America's drought' Drought conditions have resulted in a dire environment for the North American corn and grain crops, and widespread repercussions are already apparent in economic data releases. Canada Shifts Toward China With $15 Billion Nexen Deal Cnooc Ltd. $15.1 billion cash takeover bid for Nexen Inc. signals a Canadian shift toward China and away from the U.S. as the nation's traditional oil and natural-gas partner and main export market.
Stressed Canadians pick time off over pay hike Who wouldn't want more vacation time? Quality of life is important to over-worked Canadians and that may be why Canada is the only country in a global study that prefers extra paid time off over salary hikes.	Job creation drags as economic headwinds grow In the past six years, Canada has added nearly 1.4 million jobs, the strongest performance among the G7 leading economies.	Canada's job market mismatch puts economy at risk A CIBC report released Monday suggests Canada's economic prosperity is at risk due to a labour market split that sees high-demand positions go unfilled while lower-skilled workers languish in unemployment.
Job News Headlines
	New jobs have been good jobs The theme of Mr. Macklem's Winnipeg speech was the labour market. He said the Bank of Canada's commitment to an inflation target helped create the economic conditions that allowed Canada to not only replace the 430,000 jobs lost in the recession, but add another 339,000 since.
Employer News Headlines
	Getting the most out of a multi-generational workforce The need to recognize multigenerational needs is more pressing than ever, as workplaces are having to manage workforces that can cross as many as four generations.
Education News Headlines
	Should I pursue an MBA or get more work experience? Experience trumps education because employers don't want to pay for time to train new hires on the job, especially if they can hire someone who can hit the ground running.
Economic Trend News Headlines
	Weekly paycheques getting bigger at a faster pace The average weekly paycheque of a salaried Canadian worker was $907.19 in August, a slight increase from the previous month's level but 3.6 per cent higher than the same month a year earlier.
Policy News Headlines
	Ottawa makes more room in immigration quota for fast-growing class The Canadian Experience Class, launched only a few years ago, represents the future of Canada's immigration system under the Harper government – where Ottawa places a hard-nosed emphasis on attracting the best and brightest skilled workers.