Many people have been asking “where did all the workers go?” since the recovery from COVID-19 got underway. APEC’s latest member-only report answers this question for the Atlantic region.
We actually have 40,000 more Atlantic Canadians available and looking for work now than we did before COVID-19. The problem is that labour demand has increased twice as fast as supply.
While COVID-19 was a major disruption to our labour market, our demographic profile is the key underlying reason for this situation, with only 7 young people joining the workforce for every 10 retiring. Our Finding Talent series discusses how employers can respond to these challenges.