All Posts Tagged With: "CIBC"
Report warns of mismatch in job market
Study shows which occupations are in high, low demand
Students in the Otto Maass Chemistry Building at McGill University (Roger LeMoyne)
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.
“We have people without jobs and jobs without people,” said author and deputy economist Benjamin Tal.
The mismatch of companies unable to hire and people unable to find work is “simply big enough to impact the economy as a whole, our productivity, our potential growth and therefore our standard of living in the future,” Tal said.
The CIBC report breaks down the labour market divide into 25 “have” and 20 “have-not” occupations.
It says the health and science fields, natural resources extraction, plumbing, social work, psychology and even the clergy are among the sectors that have openings, but not the people to fill them.
