Diversity in numbers – reasons for shortages in skilled labour
Did you know?
$20-billion lost in GDP: as a result of underemployment among immigrants to Canada. Immigrants are underpaid and underutilized and it costs our economy billions of dollars. (OECD).
320,000 new workers: this is how many new workers the construction sector alone will need rby 2020 – and that’s just to replace those who are retiring, according to the Canadian Construction Association.
$400.5-billion: “That’s the “cumulative benefit” Canada would reap by 2026 if we were to close the education and labour market gaps between native and non-native Canadians, according to the Centre for the Study of Living Standards.”
Fewer than 25% of working-age Canadians have a university degree (compared with 30-plus per cent in Norway and the U.S.), according to the Conference Board which is not enough to fill out new jobs and puts Canada at competitive DISadvantage with other developed countries.
Source: Not enough skilled labour? Here are four reasons, DAWN CALLEJA, The Globe and Mail More
Tags: canada, diversity in numbers, education, immigrants, skill shortages, underemployment
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