Atlantic Canada Must Overcome Low Wages, High Taxes To Address Skills Shortage: APEC
There are now only seven new entrants into the labour force for every 10 retirees. In 1990, there were 20 new entrants for every 10 retirees.
There are now only seven new entrants into the labour force for every 10 retirees. In 1990, there were 20 new entrants for every 10 retirees.
The transportation, agriculture, manufacturing, utilities, and healthcare sectors were performing close to the same as pre-pandemic in May, while the financial and professional services are actually growing.
A new report from the Atlantic Provinces Economic Council shows rural areas of the region were hit by more job losses than cities and saw their populations dwindle, even as urban areas grew.
Around half of the businesses in Atantic Canada are reporting challenges with recruiting and retaining employees, according to the January Report Card issued by the Atlantic Provinces Economic Council.
The New Brunswick based company now works with 757 local partners and suppliers from across the province and buys goods and services from 1,269 small and medium-sized businesses, spending $231-million per year across Atlantic Canada.
The Fredericton-based company was having trouble meeting its labour-force needs until CEO Keith McIntosh discovered a wealth of untapped potential in the country’s indigenous communities.
The number of companies that export goods has fallen since 2010 and the province is too focused on the U.S., says APEC researcher
APEC says the region’s young people are more educated than people their age 25 years ago, but still face challenges