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Economics Matters Ep: 02 - Labour market woes with Mike Burt and Armine Yalnizyan
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Canada’s labour market is facing an unprecedented set of challenges.
We keep hearing the dual realities of low unemployment levels but high job vacancies. There is a loud and growing chorus of business owners who complain that they can’t find the workers they need. And workers are increasingly expressing their frustration with the jobs they do have.
From the great-resignation, to quiet quitting. From the turbulence that is affecting industries as diverse as travel, hospitality, restaurants, and healthcare to the ongoing pressure to address wages without creating a wage-price spiral. Something is happening in the Canadian labour force.
In this episode of Economics Matters, we will be examining the causes of Canada’s labour market turmoil.
Read more:
Cost of skills vacancies
Skills forecasting
Improving worker resilience
Minimum wage policy
https://www.thestar.com/authors.yalnizyan_armine.html
About our guests:
Michael Burt is a Vice President at The Conference Board of Canada and leads our Education & Skills and Economic Forecasting knowledge areas. He is also the executive lead for the work CBoC does with the Future Skills Centre. In his role, Michael oversees the convening and research activities of these different areas. Michael has more than 20 years of experience conducting and leading research activities.
Armine Yalnizyan is a leading voice on Canada’s economic scene. She is the Atkinson Fellow on the Future of Workers and writes a bi-weekly business column for the Toronto Star. She served as a senior economic policy advisor to the federal Deputy Minister of Employment and Social Development Canada in 2018 and 2019, and has been a member of a high-level task group on women in the economy convened by the federal Ministers of Finance and Middle Class Prosperity during the pandemic. Armine helped shape and advance the Canadian Centre for Policy Alternatives’ Inequality Project from 2006 to 2016, provided weekly business commentary for CBC from 2011 to 2018, and served as Vice President and President of the Canadian Association for Business Economics from 2013-2019.
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