Labour & Wages - CHHMA
4000310515center201833000950002018420003263900880008851265 450000 420003263900175001760220Labour & Wages 450000Labour & Wages 19405154610100Schedules Included????????? Employment by Industry????????? Employment by Company Size????????? Absences by Province & Major City????????? Average Job Vacancy by Province & Major City????????? Number of Employees by Province & Major City????????? Annual Fixed & Hourly Paid Salaries and Hourly Rate: Wholesale, Retail, Transportation & Warehousing, Construction, Business Services & Manufacturing 00Schedules Included????????? Employment by Industry????????? Employment by Company Size????????? Absences by Province & Major City????????? Average Job Vacancy by Province & Major City????????? Number of Employees by Province & Major City????????? Annual Fixed & Hourly Paid Salaries and Hourly Rate: Wholesale, Retail, Transportation & Warehousing, Construction, Business Services & Manufacturing 4857752134235Managers and Human Resource professionals deal with salaries, hiring and absences daily but employment is also about the consumer and B2B market.This report examines several important developments in the 2018 Canadian labour market.Digital EconomyEmployee AbsencesMinimum WageJob Vacancies00Managers and Human Resource professionals deal with salaries, hiring and absences daily but employment is also about the consumer and B2B market.This report examines several important developments in the 2018 Canadian labour market.Digital EconomyEmployee AbsencesMinimum WageJob VacanciesLabour and Wages 2018Managers and HR professionals deal with salaries, hiring and absences daily but employment is also about the consumer and B2B market.This report examines several important developments in the 2018 Canadian labour market.While many of these issues need to be addressed on an individual basis, managers and HR need to be proactive in dealing with market changes. Surveys are a critical part of this process. The statistics in this report are primarily based on Statistics Canada’s annual review and their numerous lists of labour surveys. This article will examine several important developments in the 2018 Canadian labour market.HighlightsThe number of employed Canadians grew 0.8% but not as fast as the population (1.3%). Unemployment is down and participation in the labour market is up. ?The fastest growing employment group is landed immigrants (+203,000). Employment increases for all industries was 359,628. The largest single industry increase was Health Care at 54,432. See Schedule: Employment by Industry45% of employed Canadians now work for a company with 500 or more employees. See Schedule: Employment by Company SizeHealth Care has close to 2 million of the 16 million workers in Canada and a 10.7 % growth rate in the last 3 years. In Canada, Health Care usually means government resources.Only 5 cities had increases in employment above 3.5% over the last 3 years (Oshawa, Thunder Bay, Ottawa-Gatineau, Halifax, Moncton) while Canada’s two largest cities, Toronto and Montreal, had negligible employment increases below .05%. See Schedule: Number of Employees by Number of Employees by Province & Major City & Employment by Industry Men over 55 are finally retiring. Experienced men aged 55 and older in the work force declined in 2018; reversing a long-standing trend.Digital EconomyIn?2017,?886,114?jobs were associated with the digital economy. The Digital Economy pulls together e-commerce transactions, equipment and services used to deliver products to consumers.The Digital economy totaled $109.7 billion, or 5.5%, of total economic activity in Canada in 2017. While the digital economy is not an industry, it was larger than mining (4.8%), transportation and warehousing (4.6%) and utilities (2.4%). New hires, whether they are in technical support, operations, sales or marketing will require an in-depth understanding of all facets of the Digital Economy to be successful. Minimum Wage Increases In late 2107, minimum wage was expected to be a hot topic in 2018 as all provinces had scheduled increases in the first quarter of 2018.Minimum wage did increase in all provinces in 2018 most notably in Ontario, where the minimum wage increased by $2.40 (20.7%) to $14.00. By the end of the year, these increases had limited effect as large employers made significantly smaller changes to salary scales. In Ontario, the only actual hourly rate which were below the minimum wage was for food and drinking places which increased $1.44 to $15.18. center3057525AbsencesDespite a direct absenteeism cost of more than $16 billion, less than half of Canadian organizations tracked the number of days or the reasons for absences. The average absenteeism rate in 2018 was 10 days per employee. The public sector absenteeism rate was higher than that of the private sector.Toronto’s absentee rate was 7.6 days while Ottawa was 13.6 days.See Schedule: Absences by Province & Major City00AbsencesDespite a direct absenteeism cost of more than $16 billion, less than half of Canadian organizations tracked the number of days or the reasons for absences. The average absenteeism rate in 2018 was 10 days per employee. The public sector absenteeism rate was higher than that of the private sector.Toronto’s absentee rate was 7.6 days while Ottawa was 13.6 days.See Schedule: Absences by Province & Major CityIn Ontario, actual increases were in the range of $1.26 to $1.74 or 7% to 11% depending upon the industry.Wages & EmploymentIn 2018, average weekly earnings of payroll employees rose by 2.6% to $1,001. Earnings growth in 2018 outpaced that of 2017, when average weekly earnings were up 2.0% to $976.?In 2018, the number of individuals earning the minimum wage across Canada increased by more than 60% (+620,000) compared with 2017. Nearly 80% of this rise was recorded in Ontario.200025923925Average Job VacancyIn 2018, there was an average of 15.8 million employed individuals and 527,000 job vacancies for a ratio of 3.2. This means that a company of 100 workers on average has 3.2 jobs they cannot fill. This ratio is often easier to use to evaluate hiring challenges than unemployment records as both employment and vacancies are reported by employers. The higher the ratio the harder or longer it takes to fill a vacancy.In 2018 the highest ratios were in BC’s lower mainland and northeast and the lowest was in regions of Newfoundland and Saskatchewan. Toronto was at the Canadian average of 3.2.See Schedule: Average Job Vacancy by Province & Major City 00Average Job VacancyIn 2018, there was an average of 15.8 million employed individuals and 527,000 job vacancies for a ratio of 3.2. This means that a company of 100 workers on average has 3.2 jobs they cannot fill. This ratio is often easier to use to evaluate hiring challenges than unemployment records as both employment and vacancies are reported by employers. The higher the ratio the harder or longer it takes to fill a vacancy.In 2018 the highest ratios were in BC’s lower mainland and northeast and the lowest was in regions of Newfoundland and Saskatchewan. Toronto was at the Canadian average of 3.2.See Schedule: Average Job Vacancy by Province & Major City The number of employees in the Computer and Information Systems sector rose by 4.5%, the fastest growth rate among the 10 largest industrial sectors. The problem in this sector is that job vacancy rate rose by 39% in the last 5 quarters. This sector adds 600 jobs vacancies every quarter. Salaries and WagesSalaries can vary considerably within industries. Companies with a variety of products and specialties need to balance both internal harmony and the ability to attract good employees For example: Electronic & Appliance store’s average hourly rate is $21.32 while Office Supplies and Stationery stores average hourly pay rate is $15.88. While both stores sell electronics, the higher wage is required for electronics.Recap of attached salary schedules by IndustrySee Schedule: Over 100 Annual Fixed & Hourly Paid Salaries and Hourly Rate for: Wholesale, Retail, Transportation & Warehousing, Construction, Business Services & ManufacturingSchedulesAs mentioned earlier, Statistics Canada issues an exhaustive number of surveys. It is impossible to include all data in one report. 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