A record number of baby boomers that are set to retire from the labor force threatens to compound a worker shortage in Canada, according to data from a 2021 census released Wednesday.
"Never before has the number of people nearing retirement been so high," Statistics Canada said in a statement, with more than one in five workers close to the mandatory or proposed retirement age of 65.
In late 2021, the government agency said in a separate report that there were nearly one million unfilled positions across Canada, more than double the previous year. He noted that Ottawa has invested in education and training for youth "so that they can get the best possible jobs that will support the population," and boosted immigration to record levels.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Make sure you vote’: Miss Universe 2021 Harnaaz Sandhu on PH elections, democracy'I believe that if you want to change the system, you have to be the system,' MissUniverse2021 Harnaaz Sandhu says. PHVote WeDecide
Read more »
Sales of Toyota unit in 2021 exceed pre-pandemic levels | Andrea E. San JuanThe global recovery allowed the sales of Toyota Motor Philippines Logistics Inc. (TLI), a wholly owned subsidiary of Toyota Motor Philippines Corp. (TMP), to exceed pre-pandemic levels. The company said its sales in 2021 surged by 43 percent year-on-year. The increase is higher than the 29 percent recorded in 2019.…
Read more »
AGI profits more than doubled in 2021Alliance Global Group, Inc. (AGI), the investment arm of tycoon Andrew Tan, more than doubled its net income to P23.8 billion last year from the P10.26 billion posted in 2020.
Read more »
LOOK: Beatrice Luigi Gomez reunites with Miss Universe 2021 Harnaaz Sandhu'I'm so happy to reunite with one of my best friends that I found in Miss Universe,' says Harnaaz.
Read more »
3,578 jobs up for grabs during jobs fair in Caraga regionThe regional office of the Department of Labor and Employment (DOLE) in Northeastern Mindanao or The Caraga region announced today (Tuesday) the opening of 3,578 jobs that will be up for grabs during the celebration of Labor Day on Sunday, May 1.
Read more »
Pacquiao aims for better jobs situation so Pinoys can opt to stay instead of working abroadPresidential candidate Senator Manny Pacquiao on Wednesday expressed regret that for many Filipinos, landing a job abroad would already be like winning the lottery.
Read more »