Although it’s the stuff of dreams, Artificial Intelligence (AI) also makes many people fearful of losing their jobs. AI could eliminate 7 million jobs by 2020 and only create 2 million, a net loss of 5 million positions in 3 years. Confronted by these figures, should we be alarmed? This study from Klaus Schwab and […]
Decline of unemployment rate – Statistics Canada has released employment data for September, and the news is excellent! The unemployment rate was the ninth consecutive monthly decline (-0.1% in August) to 6.2%, the best performance in eight years. Who are the main beneficiaries of this encouraging statistic? The 28,000 or so workers aged 55 and […]
The Canadian Payroll Association conducted an online survey of over 4,700 people representing a wide range of sectors across the country. It reveals that Canadians put little money aside. Living from one paycheque to the next is daily life for half of Canadians. The Canadian Payroll Association survey found that 41% of the country’s employees […]
A summary of businesses that hired or laid off employees during September 2017. HIRINGS The world of video games is doing well in the province! The proof is the announcement of Ubisoft to hire 1,000 people in the next few months. The French video game giant plans to add 675 employees to its studio in […]
It’s not a new problem but it’s getting worse! According to a recent study, the Canadian road transport sector will have to deal with a serious shortage of truck drivers within the next eight years. The average age of truckers in Canada is currently 47, two years older than in 2013, when the coming shortage […]
You know the feeling. It starts with a slight twinge in the lower back; it later becomes a recurring pain and ends with chronic back problems. Only once we are incapacitated do we finally make the move and see the doctor. Unfortunately, and all too often, a nice spell in traction is the solution, to […]
Morneau Shepell published its Human Resources Trends in early August, which reveals that employers anticipate a wage increase of 2.3% on average for 2018. 2.3% wage increase on average for next year is a bit better than the 2.2% of this year. Employers are cautiously optimistic, with four times more counting on better financial results […]
2016 Retrospective: the top ten news of the labour market Banks – Major Canadian banks (CIBC, BMO, National Bank, Laurentian, Desjardins, etc.) all justified their cuts in personnel with their need to adapt to customers shifting towards digital platforms. Media – The media funding model is in crisis mode. Thus, media groups (TC Media, Rogers Media, […]
In the beginning, job aggregators (called job search engine at that time) were either sued for stealing content (Keljob.com vs. Cadremploi in 2001) or bought out to avoid their potential disruptive effect on the market of well-established players (Monster buying FlipDog in 2001 after it ranked #5 in less than a year). A while later, […]
Jobs will be the key to Canada’s economic recovery, according to Toronto’s C.D. Howe Institute. In a recent note published at the beginning of the month, the think-tank established findings and proposals urging Ottawa to act with regard to employment insurance, dissemination of information, education and inclusion policy. Finding a place on the job market […]
A recent study goes against the cliché that work and staying busy are good for you, showing that spending too many hours at work a day increases heart attack risk. Should Canadians, who work the fourth-longest hours in the world, be on the lookout for heart attacks? Yes, according to a University College London team […]