Tags » Labor Shortage

Labor shortage in Canada? Budget watchdog says no

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


US - Evidence demonstrating a skills shortage is not found in wage data

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

United States

Coding in EU - Skills shortage of 900,000 coders by 2020

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

In The News

China - Unemployment and labour shortage co-exist

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


The Global Workforce Crisis: crippling labor shortages and chronic labor surpluses

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

In The News