Workers Needed to Replace Millions of Retiring Canadians
There is currently an imbalance between the number of job seekers and job vacancies in Canada. This unpalatable trend is due to the high rate of baby boomers exiting the workforce. This situation is serious, because the number of younger workers are insufficient to fill the vacant jobs in Canada.
Due to this trend, there is a severe labour shortage across almost all employment sectors in the country. Become A Canadian believes that Canada is in such a need for workers, newcomers in the country are assured of finding good job opportunities.
Current Situation in the Canadian Job Market
As mentioned earlier, workers now have a pool of job options to choose from because of the rising number of vacant positions in Canada. Thus, many employees are leaving their present industries they work in for other industries with better career streams. Moreover, they are exiting current jobs in Canada for ones with higher wages and more predictable hours.
The industries most affected by this employee behaviour are the construction and manufacturing sectors. After these two are accommodation and food services, including bars, hotels and restaurants.
Become A Canadian reported that these sectors find it difficult to hire skilled workers. As a result of this challenge, many employers in these industries are raising wages.
Helpful Means to Overcome Labour Shortage in Canada
According to economists in Canada, increasing automation can help fill the space left by the labour shortage. Also, bringing in more foreign workers to occupy positions in various industries will help fill gaps in the labour market.