Sentences with phrase «many labour markets»

«There's been a process of very careful, graduated movements while the labour market has continued to outperform people's expectations,» Poloz said.
Another good sign noted by Dawn Desjardins, assistant chief economist at RBC, is an improvement in labour market conditions in the U.S.
Every month, Statistics Canada releases their Labour Force Survey, a barometer of the health of labour markets at the provincial and metropolitan levels.
A RECENT flurry of layoffs in the resources sector is unlikely to provide any reprieve for employers, with the labour market expected to remain tight in the near to medium term.
There is no reason why the April employment data should show such a massive decline in the labour market conditions of five cities in three provinces.
The Australian Institute of Geoscientists has appealed to the federal government for the inclusion of the geoscientist profession on the list of jobs to which labour market testing applies under the 457 visa program.
The central bank emphasized that its interest - rate setting remains accommodative, and that «some further strengthening» of the labour market would be desirable.
Further, in an era of constant fretting about the mismatch of skills and opportunities in our labour market, it is unhelpful to create the perception of long - term job prospects in sectors where they simply aren't plentiful.
The net effect of the Ontario government's new policy is to subsidize jobs in an already strong labour market, increase the wages of already high - income workers and give hundreds of millions of dollars in corporate welfare to one of the largest and most profitable companies in the world.
However, the Bank is projecting a return to growth in the second half of 2015, led by the non-energy sectors of the economy: «Outside the energy - producing regions, consumer confidence remains high and labour markets continue to improve.
If I were limited to a single metric to use for the health of the labour market, I would use this one.
The state of Canada's labour market is the source of much contention.
In recent years, the Canadian immigration regime has increasingly aligned with labour market needs.
The problem, which the federal government denies, lies in the significance given to a certificate called the Labour Market Impact Assessment (LMIA).
«Adding modest changes to points for language, age, and work experience would help refine the grid to put weight where it counts in the labour market, and select applicants that are younger and have strong language proficiency,» the analysis said.
The issue stems, in part, from year - old changes to Canada's express entry system which makes it impossible for someone in the PGWPP program to gain express entry without a Labour Market Impact Assessment, as chronicled by Nicholas Keung:
«This has been in the works to meet our labour market requirements, and has nothing to do with the Trump executive orders,» Kane says.
The most commonly used metric on the health of the labour market is the unemployment rate.
The nation's biggest labour market has more people working at low wages than any other big economic engine of Canada (Quebec, B.C., Alberta)
The unemployment rate is far from a perfect labour market barometer due to the discouraged workers problem.
This measure would seem to imply that the labour market has consistently improved over the last 40 years, which seems unlikely.
But by controlling for these factors, we see that the Canadian labour market is not particularly strong.
The fact that U.S. labour markets have been deeply depressed since the financial crisis likely goes a long way in explaining why.
Depending on who you listen to, Canada's labour market is either incredibly strong or it is in freefall.
«These changes will reflect the relative value Canadian employers place on foreign work experience, and redirect points to language and age factors, which are better indicators of success in the Canadian labour market
What's not uncertain: the slow drip of unresponsive labour market regulations and mostly unenforced rules over the past quarter century has shifted bargaining power towards employers, against workers.
The main risk to the market continues to be the vulnerability of the highly indebted households to a slump in the labour market, says Jamie Feehely, managing director of Canadian Structured Finance at DBRS.
In a competitive labour market, the increase in the demand for labour produces upward pressure on wages, and an increase in output supplied to a competitive goods market will drive down prices.
«Foreign work experience is largely discounted by Canadian employers when the immigrant first enters the Canadian labour market, and it is a weak predictor of economic success,» the analysis said.
But even providing good jobs for all these potential workers wouldn't solve the labour market's problems, because the workforce is shrinking: the number of millennials poised to enter the labour pool is lower than the number of baby boomers set to retire.
We should account for the possibility of underemployment, where people who could work a full - time job are only working part - time due to the weakness of the labour market.
Immigration provides the most effective solution to this problem, even if experiments with schemes like the Temporary Foreign Workers program have proven it's not a panacea for labour market woes.
The plan would not begin until 2017, perhaps to avoid concerns of placing additional payroll taxes on firms during a relatively weak labour market.
(His research interests extend beyond catastrophe: Tilcsik's publications include timely work on race and sexual orientation in the labour market.)
Once that expired, he needed a temporary work permit to remain in the country, which required him to obtain a Labour Market Opinion.
The second publicly available data set is the Employment and Social Development Canada's Labour Market Opinion Statistics.
Any increase in TFWs in Southwestern Ontario should be seen as a surprise, as the labour market has been in decline in the region over the last decade, with London, Windsor and Hamilton experiencing significant declines in their full - time employment rates:
To bring in a foreign national on a work permit, an employer must typically obtain a Labour Market Impact Assessment (LMIA), which was introduced in 2014.
The temporary foreign workers issue is just another example of why Canada needs to keep better labour market data.
Collective bargaining is a necessary process in determining the terms of employment the labour market will bear.»
But the entire country's labour market suffers.
From the United States to Singapore, Germany to Kuwait, there are ample precedents to show how a large influx of low - skill, temporary workers can warp an entire country's labour market.
Card is ranked No. 36 on Research Papers in Economics» (RePEc) list of most commonly cited economists; and Google Scholar indicates one of his papers on education and the labour market has received even more citations than the famous Card - Krueger study.
Though the labour market is returning to normal, the U.S. economy still isn't firing on all cylinders, so rate hikes will be slow
I have yet to see any evidence that labour market imperfections can be blamed for the bulk of rising wages, particularly for professions identified by the report such as «account manager» and «financial planner.»
The Conference Board report identifies a number of possible labour market imperfections such as workers lacking the information they need to make informed decisions.
Yellen herself said she continues to think the labour market isn't as strong as the low unemployment rate suggests, and inflation is well shy of the Fed's second objective of guiding annual price increases to 2 %.
With more companies relying on freelancers, one Montreal startup wants to make sure the new labour market is operating efficiently.
Certainly our labour markets have imperfections and can be improved, so reforms should be considered.
You would therefore think that, by contrast, labour market pressures that reduce unemployment and cause wages to rise would be heralded as positive developments.
a b c d e f g h i j k l m n o p q r s t u v w x y z