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Improved diversity and inclusion at all levels of your organization can go a long way in creating a safe environment where employees feel safe asking for help. A complete and up-to-date overview of recent global trends in child labour can be found in the ILO’s report Marking Progress Against Child Labour (2013) 4 produced by the organization’s International Programme on the Elimination of Child Labour (IPEC). The Canadian job market started 2019 off on a solid note, driven by a surge in services-sector employment in Ontario. A lack of decent work combined with rising unemployment and persisting inequality is making it increasingly difficult for people to build better lives through their work, according to the latest edition of the ILO’s global report on employment and social trends. Post-Secondary graduate and occupation projections (XLSX) Data Tables Available from Statistics Canada As part of my role at Work Prep, I need to do extensive research on labour market trends. The impact of public health and industry responses to the outbreak and any resulting economic impacts have not been factored into the 2020-2029 analysis. Pre-hire tests, anonymously written aptitude tests, interviews over phone calls or via chatbots can help to eliminate any kind of bias, conscious or unconscious, allowing you to hire blindly. Current labour market information is essential to career practitioners, employers, teachers and students. Predictive analytics allow the employer to view the employees as a valuable asset to the organization. The only downside to this is that soft skills cannot be gauged by a resume or an interview. When creating or analyzing statistics on the labour market, other considerations may include: education levels, minimum wage, immigration, age, employed, or under employed, industry, inter-provincial migration, consumer price indices, and; International Trade. On a month-over-month basis, manufacturing wages rose in line with the all-industry average (0.6 per cent in manufacturing, compared to 0.5 per cent in total). Labour Force Survey. Two-thirds of the surveyed were wrong with their assessment and most of them believed that they were being underpaid. The increase in public service jobs represents a recovery from a sharp decline in December. One of the most disrupted industries is education, with more … This site uses Akismet to reduce spam. Hot/cold pattern continues as Canada generates healthy employment gains to start the year. The labour force participation rate rose from 65.4 per cent in December to 65.6 per cent in January – its highest level in more than a year. This publication presents charts and highlights of key trends in Canada's job market. 20,370,300 increase. Labour-market analysis is complicated by the need to consider not only the short-term supply and demand for labour, but their allocation among regions, occupations and industries. In addition many institutions influence and regulate the distribution of workers. Our philosophy is to research, curate, and provide the best startup feeds and resources to help you succeed in your venture. According to World Economic Forum’s Future of Jobs Report 2018, while soft skills such as empathy, emotional intelligence, creativity, communication skills etc cannot be compared to a degree, “they enable people to leverage their uniquely human capabilities. 8.9 % decrease. Learn how your comment data is processed. There were 5,500 fewer manufacturing jobs across Canada than there were in December – a decline of about 0.3 per cent. Initial Public Offering (IPO). Without that, top talents will seek it elsewhere. There were strong gains across the Maritime provinces as each of the three bounced back from losses at the end of 2018. Diversity in the workplace is an asset for both businesses and their employees. When considering a move to a new country, one of the major factors you need to consider is the job market. It’s also about educational backgrounds, religious and political beliefs, sexual orientations, cultures and even disabilities. These unusual trends may simply represent a survey glitch; they could settle down in the coming months. January was also a good month for manufacturing workers on the prairies, as Manitoba, Saskatchewan and Alberta all posted healthy gains. Working population. Not too long ago, being able to work from home was rare and was considered a perk. Tell us what you think about our article on employment trends in the comments section. As more people apply for jobs that are somewhat out of their field, hiring alternative candidates is bound to become a more popular trend in the future. The Canadian job market started 2019 off on a solid note, driven by a surge in services-sector employment in Ontario. © Chor Sokunthea / World Bank. Did we miss something? Read more about the labour force survey; Resources. An alternative candidate is someone who is not the perfect candidate envisioned by the recruiters, but also someone who is willing to, and can be trained to learn the necessary skills on the job. According to a survey by Allegis, 58% of candidates are comfortable interacting with an AI for initial questioning during the application process, and 66% of candidates are comfortable interacting with AI for interviewing and scheduling. Wages and salaries - wage and salary information by occupation and geographic area, plus information on skills shortages in Alberta To avoid this, the first wave of the interview can be done without these pieces of information, by purely sticking to the abilities and achievements of candidates. Employment Profile. Product or company names, logos, and trademarks referred to on this site belong to their respective owners. Most candidates who are trained are natural learners with a passion for continuous self-development, and they make for happier and engaged employees. Section B - Demographic characteristics. Diversity in hiring has always been a trend, and it’s not new by any means. We’ve made your job easier and compiled employment trends that have impacted businesses and will continue to do so this year: According to a survey on global trends conducted by LinkedIn, 92% of the surveyed HR professionals and hiring managers are now focused on soft skills because they are considered more important than hard skills. For a long time, closing the skills gap was a constant worry on every hiring manager’s mind. But they also highlight the complex trade-offs that are involved and the difficulties in navigating them. Ontario lost about 3,600 manufacturing jobs to start the year – a decline of about 0.5 per cent. Some of today’s most important trends in human resource management are using employee diversity as a competitive advantage, improving efficiency through outsourcing and technology, and hiring employees who fit the organizational culture. Robust job gains also encouraged more Canadians to try their luck in the job market. It was cross-the-board red ink on the goods side. Flexibility, holidays and bonuses are a great way to make the job more appealing. When an attempt was made to fix it to identify top talent, the AI became more biased than any reasonable person, making it useless. More organizations are joining the wage growth trend in employment in order to attract and retain better talent in their workforce. You’ll also find other sources and a guide to making labour market information work for you. In a standard interview, unconscious bias may seep in by giving away information like gender, age, race or even alma mater. But times are... Action … Trends and events in Saskatchewan's labour market. Every month, we measure employment and unemployment rates at the national, provincial, territorial and regional level. Overall Labour Market. Migra… However, the possibilities of remote working have made it easier to have employees from different parts of the world. To support and nurture this nature in employees, they should be provided with the right workplace culture and environment. The sharpest declines were in agriculture (8,900 jobs lost) and in construction (8,500). Employees no longer work just for the money; they want to thrive and be happy at their workplace. But many of these baby boomers have decided to keep working. In an era of globalization that 2019 is shaping to be, diversity is more than just gender, race or ethnicity. At the industry level, the story was one of strong gains in services-sector employment and weakness on the goods side. Analytics has the power to transform the HR function, from recruitment and workforce planning to performance management and employee engagement. Average weekly earnings. All content © Government of New Brunswick. have enabled employees to stay in touch with their co-workers, should a work-related emergency needed attending to. Labour Market Outlook from WorkBC; B.C. 80% said that soft skills are important to help the business grow, and 89% said that the lack of soft skills was a let-down in the bad hires. The unemployment rate rose from a record-low 5.6 per cent in December to 5.8 per cent last month. Leading the way on the positive side, there were nearly 34,000 new jobs created in wholesale and retail trade – more than enough to recover December’s losses. What Is A Business Model? A resource provided by the Ontario Ministry of Training, Colleges and Universities (MTCU) to help students along with their parents and counsellors to decide on their career path and the associated educational venues. The Economic Policy Institute analysis of U.S. Bureau of Labor Statistics data showed that while net productivity rose 69.6% from 1979 to 2018, wages only grew 11.6% (after adjusting for inflation). Despite the falling rate in unemployment, wages had been stagnant for a long time. Recent studies on the labour market predict more than one million job openings in the province in the next ten years. July 2013. The increasing use of AI can also help assess soft skills in candidates in the near future. Following two years of little to no growth, average weekly earnings have increased at a relatively fast pace since the fall of 2017. Collecting performance data and matching it against assessment creates a feedback loop that allows you to refresh your employees’ profile continuously. In a world of rapid change, it is important to embrace transformation and keep an open mind regarding the latest trends of today. Start your search now on this startup guide. 68% of the surveyed said that they would assess soft skills through social cues picked up during an interview. Find publications and other labour market resources relating to specific population groups, industry and occupations. Here's a sample of labour market trends that might affect you: Retirement of baby boomers. As of July 2018, wages were officially at their peak and showed no signs of slowing down in the ever-inflating economy. 15 Employment Trends Shaping The Future Of Jobs Preference for Soft-Skills. Your employees also expect more from your organization. Table of contents. The increase is most pronounced in Saskatchewan and PEI, where manufacturing wages are about 7.5 per cent higher than they were a year ago. Many Albertans born between 1945 and 1966 are retired or close to retiring. The Canadian labour market by the numbers. Section A - Labour market overview. LMI Explore (Beta) Visualize Labour Market Information. Companies will have to do more to make their job offers attractive to their employees. TalentNeuron™ Labor Market Trends Reports showcase the latest labor market data related to global job and skills demands. Track job trends. Since public sector employment is relatively stable, this odd movement is likely tied in some way to the Canada Post strike late last year. That said, pressure appears to be building on the wage front, and we could see average wage growth accelerate in the coming months. Job seekers in 2019 look for more than just a job; they look for benefits, pay, flexibility and development opportunities. The demographics of the workforce play an important role in labour market trends. Learn about trends and issues affecting your industry or the economy as a whole. Find a job: Search for full-time or part-time jobs anywhere in Ontario – or across Canada. In spite of January’s job losses, the unemployment rate in manufacturing fell dramatically compared to December – from 3.9 per cent to 3.4 per cent. What are you waiting for? 2019 has so far, and will continue to bring about a lot of changes in employment trends for both companies and candidates. In 2018, Amazon built an AI hiring tool, which backfired when it started discriminating against women. Learn more about work trends and the skills, education and training you need for jobs today, and in the future. Feedough is the one-stop resource for everything related to startups. That’s why it’s important for organisations and HR practitioners to monitor the state of the labour market and keep an eye on likely developments in the economy. As much as an interview is about finding a candidate who will be the right fit for your company, it is also about finding the right company whose workplace culture, wages and opportunity appeal to the job seekers. This could pose a recruitment problem in the future. $1,114.37 increase. Section D - Local labour markets. That being said, employment trends are ever-changing and it is not possible to implement every single trend in the way your organization functions. According to a survey on global trends conducted by LinkedIn, 92% of the surveyed HR... Work Flexibility. The way we look for jobs means that companies will have to adapt to changing technologies and cultures, as well as match the expectations of a whole new generation of job seekers. January’s job gains were more or less evenly split between full-time and part-time positions. As an employee, it is your duty to help foster and maintain a safe and supportive corporate culture. This has led to the development of a number of different analyses o… Manufacturing employment in Alberta is now at its highest level since the summer of 2015. 2 out of 3 candidates are comfortable interacting with artificial intelligence apps to answer initial questions in the application and interview process. There were also 500 fewer manufacturing positions in Newfoundland and Labrador, as that province gave back some of its gains from the fourth quarter of 2018. With AIs becoming more and more popular in the recruitment process, it is important now more than ever, to tailor your application to the position and company that you wish to apply for. Job Growth in Health Care, Tech, Labor-Intensive Roles: Job creation in 2018 is being driven not only … Try a new way of viewing Labour Market Information anywhere in Canada. Come on! Labour Trends in Canada. According to LinkedIn, pay transparency has increased by 136% since 2014. On a percentage-growth basis, however, there were even stronger gains across Atlantic Canada (except for PEI), with month-over-month growth ranging from 1.0 per cent in New Brunswick to 2.1 per cent in Newfoundland and Labrador. Bias in the workforce can lead to several controversies. Since 2016, there has been an increase by 78% of job posts that also provide work flexibility. Effectively doing so, though, remains a challenge. To do so, sexual harassment policies and training need to be up-to-date. Find out about this week's top news stories or read our monthly bulletins to keep up with recent labour market developments. Section C - Provincial and territorial perspective. The new technology suggests that flux and complexity that big organizations are experiencing will continue well into 2019, despite attempts at securing data. Enabling people to work in a collaborative and supportive environment where they can solve problems together and come up with creative and effective solutions to their lines of business is the key to retaining top talent in the workforce. Employees also need a better balance between work and personal life, and work flexibility allows them to do so. In fact, according to MRI Network Performance Management Study, when designing successful and meaningful training programs, it is important to have the ability to attract and retain top talent, you must keep in mind the talent that you have worked within the past. Not too long ago, being able to work from home was rare and was considered a perk. The overall labor force … In 2019, employers are expected to gain new approaches to work and improved workplace cultures that will lead to better levels of innovation and productivity among employees. According to data from SEPH, from September 2017 to May 2018, the earnings of non‑farm payroll employees increased by 2.4% or higher on a year‑over‑year basis (Chart 2). According to a recent survey by Harvey Nash, organizations need to improve gender diversity by 60%, ethnicity and culture inclusivity by 41% and LGBTQIA+ representation by 14%. All told, Canada added 66,800 net new jobs in January (an increase of about 0.4 per cent) and continued a hot-cold pattern that sees solid job gains one month, followed by flat or declining employment in the next. However, manufacturing wages in January were about 3.2 per cent higher than they were 12 months ago – about twice the year-over-year growth rate for the economy as a whole. That’s about on par with the rate of inflation, meaning that consumers’ purchasing power is not improving. In 2019, organizations will focus on trying to make that happen by emphasizing on the company’s workplace culture. Germany, U.S, and Japan are predicted to have a relatively thin labor force in the next 15 years. *NOTE* The analysis outlined in these labour market studies was based on information and assumptions developed prior to the COVID-19 outbreak. According to Deloitte’s Human Capital Trends Report 2018, although 85% of the surveyed acknowledged the importance of predictive analytics, only 42% indicated that their organizations were ready to implement analytics at work. Except for those three provinces, manufacturing employment was actually higher across Canada. Labour market information and statistics can help you plan your career. At the provincial level, manufacturing job losses were concentrated in Ontario and BC. Feedback; Social Media; Privacy; Disclaimer × Feedback However, our research is meant to aid your own, and we are not acting as licensed professionals. Technology is partly responsible for this shift in work flexibility. Description: A labour market in an economy functions with demand and supply of labour. This means that there are now more job openings than unemployed people. Mostly as a result of the oil price shock that began in the fall of 2014, average weekly earnings in Alberta trended down from the winter of 2015 to the spring of 2016. We recommend that you use your own judgement and consult with your own consultant, lawyer, accountant, or other licensed professional for relevant business decisions. A recruitment chatbot or conversational agent is an AI that is designed to mimic conversations during a recruitment process. That odd movement is the exact opposite of what happened in December, when the number of manufacturing jobs rose sharply, but so too did the unemployment rate. The next wave of learning credentials. This will lead to more job openings. Go to labour market resource page This is due to their fast aging population. Labour Market: A labour market is the place where workers and employees interact with each other. All Rights Reserved. But if you recognize the areas that need to be improved and focus on that, it will be easier to keep up with changing trends in employment. By comparison, job growth for all of 2018 averaged out at about 1.3 per cent. Professional associations - networking websites, business directories, union and professional associations. PayScale asked 93,000 people how well they thought they were getting paid, relative to the overall job market. Post-Secondary Supply Model Methodology Highlights (PDF, 2.0 MB) B.C. Overcoming harassment and creating a supportive work culture calls for a combination of policies and action. According to the LinkedIn report, 71% of professionals globally agree that harassment prevention is a very important trend for the present and future of hiring and HR. Emails, conference calls, instant messaging etc. Site design: Viva & Co. Throughout the short history of cryptocurrency, we've been introduced to ... Read more, Implementing AIs in the Recruitment Process, Hyper-Casual Games & How To Make Them Hyper-Profitable, The Importance Of Communication In Business, World Economic Forum’s Future of Jobs Report 2018, Deloitte’s Human Capital Trends Report 2018, How Different Generations Use Social Media, Designing Websites For Kids: Trends & Best Practices, Startup Vs Small Business: The Real Difference. This allows a diverse workforce that can be built on merit. One takeaway from Amazon’s high-profile error in an effort to hire a diverse workforce is that there is no simple fix for improving diversity. Pay transparency ensures that companies tackle inequalities such as gender pay gaps. Even big names like Facebook came under fire for their issues regarding data privacy. Provincially, the lion’s share of new jobs across Canada were in Ontario, but there were actually solid gains in most provinces. The Labour Force Survey is a monthly survey conducted by Statistics Canada which measures the current state of the Canadian labour market. Wage and salary information and job market forecasts, trends, statistics and profiles. In fact, 78% of businesses already believe in having a diverse workforce, and this trend in employment is not going to slow down anytime soon. We spend a lot of time researching and writing our articles and strive to provide accurate, up-to-date content. But according to the Bureau of Labour Statistics, the current wage growth is the fastest it has been in 9 years and shows no signs of slowing down in 2019 if recruiters want to attract the best candidates for the job. To stay on top of the competition in today’s market, it is important that you find and retain the right talent in your organization. For example, in regions or in occupations where workers are older, more retirements will soon occur. Training will be a critical focal point in 2019. BuildForce Canada continues to monitor the impact of COVID-19 on labour markets. Flexibility has also allowed organizations to save costs on locations. According to LinkedIn, job seekers research the reputation of an organization before they can apply for a job with them. Employment levels in Saskatchewan were also down for the second month in a row, although the decline there was less severe. The Alberta economy lost 15,500 jobs in January (a decline of about 0.7 per cent), adding to the 15,000 lost in December. Older workers drive the biggest gain in labor force participation since 1997. Section E - Industry, class of worker and occupation New emerging employment trends, as well as trends that been identified over the past few years can help you embrace new ways of thinking about your workforce and evaluate your hiring process. A literature enthusiast, an avid reader, a blogger and an admirer of art. 30% of jobs will disappear and many new ones will emerge. The objective of pay transparency is to ensure that every employee is being paid fairly for the work they put in. July, September and November also saw strong job creation, but in each case, there were either job losses or negligible gains in the following month. These various trends and pressures on the workplace highlight the need for reform of employment standards and labour relations legislation and especially to provide protection to vulnerable workers and those in precarious work situations. Labour market information. The gap between the skills that job seekers have and the ones that the recruiters need has only been widened by the increasingly competitive landscape of hiring.

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