Stay updated with breaking news from Workers shortage. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Audrey Oliver works as a CCA with VON Canada in the Annapolis Valley. She wants to see better protocols in place to mitigate the risk of the virus in home-care settings. ....
While the need for labor continued to decline, some employers nationwide still have trouble finding employees with the required advanced skills. Read more.. ....
Take pressure off inflation. that did not happen. wages heated up. growing by 5.1% year over year, and in context that s roughly twice as hot as the pre-covid pace. that suggests very strong demand for workers. at the same time, the supply of labor is shrinking, as the workers shortage continues. the labor force participation rate dipped for the third month in a row. now, this will not please the federal reserve, which is trying to get inflation under control by easing this imbalance between supply and demand in the jobs market. now, this is good news for workers in the sense that their paychecks are hammered by inflation. so they want pay, of course, to go up, but despite the hot wage number today, wages are still not keeping up with inflation. i think when we take a step back, this is a good news/bad news situation. the good news that there s nothing about the november jobs report that screams imminent recession. ....
Deputy Prime Minister Richard Marles has admitted that Australia is facing a “skills crisis” as Victoria s shortage alone is anticipated to grow to almost 400,000 workers within three years. ....