Posts Tagged ‘Stats Canada’

The Scoop Behind the Stats

Tuesday, May 11th, 2010

The latest Statistics Canada Labour Force Survey shows that unemployment is down across the country, with the national rate edging down to 8.1 per cent. More people are working and that is always good news! One anomaly to this trend is that in Calgary, unemployment is actually on the rise. What gives? Global Television Calgary invited BOWEN to comment on the somewhat puzzling trend and my colleague, Debbie Wershler did the interview. You can check it out here While we don’t fully understand why the number of jobs are down in Calgary overall, it’s important to keep everything in perspective. Let me share a few highlights of what we are seeing in our day-to-day business at BOWEN:

  • We are not seeing major layoffs.
  • Employers are still hiring and our economy is rebounding slowly.
  • Employers are more willing to hire temporary or contract workers because they are cautious to not over-commit to employees with permanent jobs.
  • We typically see the number of jobs increasing over the summer months due seasonal project work, and this should be reflected in May’s numbers.
  • There are some big infrastructure projects in Calgary that are just ramping up and the employment impact may not yet be evident in the statistics.
  • Investment is also happening in operating areas outside of Calgary, such as oil sands expansion projects in the north, and jobs are being created in Alberta, which means new opportunities for Calgary residents willing to relocate.
Despite the rather gloomy April numbers, we still need to keep the big picture in mind. Our fundamental demographic situation has not changed and we do expect to find ourselves back in the situation of low unemployment rates again in the next two or three years. I still believe positive change is coming, it’s just a little slow in getting here!

The Changing Face of the Corporate Workforce

Wednesday, March 10th, 2010
On March 9, 2010, Stats Canada released a report stating that the diversity of Canada’s population will continue to increase over the next two decades, Stats Canada Report. One of the report highlights says that by 2031, between 25% and 28% of the population could be foreign-born. It is expected that 30% of Calgary’s population will be foreign born.

 

What does this mean for future workforce planning for Canadian companies? My colleague, Ken Vinge, spoke to Calgary’s Global Television yesterday about this topic to share BOWEN’s viewpoint, Global Story.

 

Quite simply, companies need to start planning how they will recruit, incorporate and manage their foreign workers NOW. For several years, BOWEN’s Immigrant Works program helped to place temporary foreign workers into professional intern jobs. Our learnings from this program are very relevant to future workforce planning.

 

Companies need to take into considerations the language and cultural nuances in managing a foreign workforce. Plan for how you will support foreign professionals within your workplace and orient them to how business typically operate in North America. How will you coach your managers to really maximize the benefit of this dynamic workforce? What we do know is companies that are already hiring foreign workers and investing in diversity in the workplace will be ahead of the curve when the real hiring crunch comes. Best of all, they will reap the rewards of a knowledgeable, talented, hardworking and loyal workforce. And that makes great business sense to me!