While thinking about what to expect in the Canadian labour market in 2020, I can’t help but start by reflecting on what transpired this past year and what might change. Develop a suite of policies that addresses the issues inherent in further migration to big cities (rapidly rising real-estate prices, lack of affordable housing, traffic gridlock and overstretched transit systems) as well as the issues inherent in de-populating secondary centres (falling property values and a shrinking tax base’s inability to properly service the existing stock of infrastructure). If Londoners can easily, affordably and reliably get to employment opportunities within 100 kilometres of the CMA, the effective size of London’s employment market grows to almost 1.18 million people by adding the Kitchener-Cambridge-Waterloo CMA (population 477,760), the Brantford CMA (135,501) and the Sarnia CA (89,555). (4) Or as Bijan Sabet, a general partner at Spark Capital told Fortune, “If you’re a graduate of MIT who studied a specialty like robotics and a Massachusetts company says, ‘Come here and sign this non-compete,’ and a San Francisco company says, ‘We know this isn’t your last job — do whatever you want,’ which would you choose?” (5) Peer-reviewed studies back up this phenomenon, with Matt Marx, Jasjit Singh and Lee Fleming finding that “non-compete agreements are responsible for a “brain drain” of knowledge workers out of states that enforce such contracts to states where they are not enforceable. Last month’s substantial decrease was not a huge surprise. The impact of public health and industry responses to the outbreak and any resulting economic impacts have not been factored into the 2020-2029 analysis. Finally, a lack of non-compete agreements could deter companies from supplying worker training. Meanwhile, employment has fallen by nearly 1.1 million in Ontario over the same period, equivalent to a 14.5 per cent decline. In a seminal 2000 piece, Dora Costa and Matthew Khan examined the migration patterns of college-educated Americans between 1940 and 1990. Currently, an individual in London who wishes to take a job in one of these communities (or an individual in one of these communities who wishes to take a job in London) can only commute by car unless they have an incredibly flexible work schedule. Track job trends. As part of this project, we asked Mike Moffatt, Senior Associate at Canada 2020 and Director at the Lawrence Centre at Western University’s Ivey Business School and Hannah Rasmussen, Director at Projection North and Professor at Western University’s Brescia College, to consider how to foster innovative growth in Canada. Every three months, we collect data on the number of job vacancies by occupation and economic region. Working population . At -18.7 per cent, Quebec has recorded the biggest percentage decline since February, with job losses totalling 820,500. In June, Canada 2020 launched The Innovation Project, an initiative devoted to studying Canada’s innovation agenda – the risks, the opportunities, and key factors involved in making Canada a more innovative nation. However, if there are few local companies in their industry, then workers are “locked in” to their current employer and risk prolonged unemployment should they leave that employer. LMI Explore (Beta) Visualize Labour Market Information. On the return trip, travellers to London or Toronto must leave before 8 p.m., which makes attending dinner meetings difficult. © 2020 CM&E. While employment declined by 11 per cent last month, total actual hours worked were down an even steeper 15 per cent. The situation is worse for commuters taking the opposite trip, as someone living in Toronto cannot arrive in London until 9 a.m. at the earliest. You can view information on occupations, wages, job outlooks and more. Labour market information. One example is California, where non-compete clauses are invalid and unenforceable unless they fall under some very specific exemptions,(3) which is oft-cited as a major factor in the success of Silicon Valley’s technology sector. Finally, given that we are trying to create economically inclusive innovation, we see higher wages that are driven by market forces as a feature, not a detriment. Thin labour markets are often self-perpetuating. Consider London, Ont. During the survey period, 1.1 million people were not in the labour force but had worked recently and wanted to work. The Social Impact of Canada’s Economic Response to COVID-19, Canada 2020 Series | Crisis to Resilience, Crisis to Resilience: In-conversation with Christine Elliott. (8) We would advocate that provinces consider doing so. While employment fell by 11 per cent in April, total actual hours worked were down an even steeper 15 per cent. 9.0 % decrease. Such a ban would likely lead to higher wages in many industries, so naturally firms will raise concerns about the effect even modestly higher wages will have on their competitiveness. In our view, this leaves Canadian governments with two options: In our view, the government should take the second approach, while recognizing that “the big three” will continue to grow and have the challenges associated with growth. Hours worked in manufacturing have fallen an even steeper 29.2 per cent. Site design: Viva & Co. Employment in Canada fell by almost 2 million in April, bringing coronavirus-related job losses to nearly 3 million. These root causes could include those with the proper skills lacking employment opportunity as well as individuals being unable to obtain the skills they need, which leads us to the following two recommendations: No new mechanisms are needed, as this idea mostly involves governments doing more of what they already do (transit funding, data collection). Non-compete enforcement can stifle this mobility, there by limiting the process that leads to agglomeration economies.”. Taking a train or a bus, on the other hand, allows individuals to complete work while they commute. These time limitations makes commuting by train impractical for jobs that involve morning meetings. Focus its innovation agenda on the three census metropolitan areas with more than two million people (Toronto, Montreal and Vancouver) and recognize that, as it stands, labour markets are too thin in other Canadian cities to support sustainable clusters except in unusual cases. Actively work to “thicken” labour markets in mid-sized cities, which will allow for the emergence of clusters in these cities. Statistics Canada could have difficulties collecting the needed data because of privacy concerns or budget. Manufacturing Suffers Record Decline in Employment. This potential for “lock in” and unemployment creates significant risk for workers considering taking a position in that community. 5G will act as the backbone for everything from the Internet of things (IoT) to driverless cars. Learn about an occupation: available jobs, wages, career prospects, skills, job requirements and more. It provides additional opportunities for places to travel to and people to see. This was well above the previous high-water mark of 11.8 per cent in May 2009. Explicitly banning non-compete clauses would create less uncertainty of the rights of workers, increase worker mobility and help Canada attract and retain talent. Employment fell in all provinces for the second straight month, with the cumulative decline over March and April exceeding 10 per cent everywhere. There are a limited number of information and communications technologies companies in the London area, so if they ever needed to change jobs, they were concerned they would not be able to find employment quickly in the city. This smashed the previous record decline of 72,100 in January 2009. by Mike Moffatt & Hannah Rasmussen. But with restrictions gradually easing across the country, and with the Canadian Emergency Wage Subsidy recently launching, we should see a large rebound in employment in June. Steven Tobin Research & Trends 11 months ago no comment future of work job skills podium. 20,302,500 increase. Using Statistics Canada’s Labour Force Survey, these reports include things like: provincial unemployment rate; cities with highest and lowest unemployment rates ; job change by occupation; Read labour market reports. As non-compete agreements limit career opportunities, talent will naturally migrate to jurisdictions that lack such agreements. Elsewhere, the job losses have ranged from 19,700 in Alberta to just 200 in PEI. Unemployment rate. Thin Markets: This proposal is explicitly designed to thicken markets, as the goal is to increase the pool of available workers for hire in fast-growing clusters. April 2020. You can view information on occupations, wages, job outlooks and more. In most cases, the spouse was highly educated and had a very specific skill set valued by only a handful of employers.

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