According to the Bank of Canada’s Summer 2014 Business Outlook Survey, 22 per cent of businesses claim their company is facing a shortage in workers. But other reports have called Canada’s labour shortage a myth. 1,392 more words
Tags » Labor Shortage
To an economist, the most accessible and persuasive evidence demonstrating a skills shortage should be found in wage data. If employers urgently need workers with skills in short supply, we expect them to offer higher pay to prospective new employees who possess the skills. 638 more words
The European Commission (EC) has warned that we face a shortage of 900,000 coders by 2020.
The number of computer science graduates is not keeping pace with demand for coding skills, the EC warned this week, as it tries to encourage young people to take up coding over summer. 129 more words
Why do labour shortage and high unemployment co-exist in China? I analysed this in my book. More specifically, I explored the matching efficiency in the labour market by estimating the matching function between job offers and job seekers in urban labour markets in China based on search and matching theory. 204 more words
Demographic risk is one of the most insidious of all megatrends threatening the global economy, but its impact throughout the world is neither simultaneous nor uniform. 309 more words