Vol. 3, Issue 4, March 28, 2019
Hamilton's Labour Market Connection
Your weekly news & updates from WPH!
In this week's edition: Employer One Survey results released; Making sense of Canada's labour skills data; Find out more about the new job training programs announced in the Federal budget
Employer One Survey 2019: Good news for job seekers!
This year's Employer One survey provides welcome news for job seekers as the local economy grows and the unemployment rate is the lowest it has been in a decade.
Conversely, the survey results indicate that it is a challenging time for local employers:
  • 65% report that they had a position that was hard to fill
  • A tight labour market is making it harder for employers to find qualified and committed workers.

A question on the impact of the minimum wage increase was added this year:
  • 54% stated it has not affected their business operations
  • 46% reported it has
  • Negative impacts include increased prices for customers

This year 326 employers completed the survey, an increase of almost 50 from the previous year. We thank all the employers who completed the survey, as well as our important community partners.

Canada has a skills shortage – but which skills, and where? 

For years, governments have promised immigration and economic measures to give communities the workers they need – but when 
it comes to the statistics behind those needs, Canada still has a long way to go.

Identifying problems with Canada’s labour skills data differs depending on who you ask.

Academics, economists, policy-makers, employers, teachers and workers all use the information. 

But there are two common complaints.

First, information isn’t sufficiently “granular” – it doesn’t drill down deep enough to identify specific skills in supply or demand in the marketplace, or precisely where these skills are available or needed.

Second, data are too scattered among a variety of agencies and levels of government, which don’t do a great job of sharing their information with each other or making it user-friendly.

New job training programs announced in the Federal budget
The new federal budget includes measures designed to help Canadians upgrade their skills at work.

The Canada Training Benefit is a program designed to provide Canadians with funding to help pay for retraining courses.

Every year, workers who are between the ages of 25 and 64 and who make between $10,000 and $150,000 will get a tax break for job retraining. 
They will earn a maximum tax credit of $250 a year, up to a lifetime limit of $5,000.

This can be used to cover up to half of the cost of training.

Labour Force Information, Hamilton, February 2019
Workforce Planning Hamilton | 905-521-5777| [email protected] | www.workforceplanninghamilton.ca