Canada Has A Historically Large Labour Shortage, But Job-Seekers Are Still Struggling
Tuesday, November 20, 2018

Canadian Federation of Independent Business says greatest shortages reported in B.C., Quebec and Ontario

A record 47 per cent of small Canadian businesses report that they are experiencing a shortage of skilled labour, a monthly survey conducted by the Canadian Federation of Independent Business has found.

The findings in the Canadian Federation of Independent Business (CFIB)’s October 2018 Business Barometer survey is a roughly 10 per cent increase from survey results for January 2018 and a 20 per cent increase from its January 2016 results.

"It's definitely a headwind for the economy," Mallett told HuffPost Canada. "The shortage means businesses feel they can't produce and sell as much as they (otherwise) could."

While the labour shortage is a clear sign that Canada's job situation is very strong these days (the historically low 5.9-per-cent jobless rate being another sign), for many out-of-work Canadians this isn't translating into better job prospects.

According to research released Wednesday by job site Indeed, the average length of time it takes to find a job in Canada is only a little shorter than it was during the height of the Great Recession a decade ago.

Source: Huffington Post, by Daniel Tencer. Read full article