Shortage of foreign labor, an opportunity for labour agencies to grab local market
Shortage of Foreign Labor; Having the right people for the job can make a small business, or break it. Any unfilled position is a productivity burden with a smaller team to rely on and less money to commit to the recruiting. So it’s no surprise that for contractors and other business owners, one of their most pressing issues is the lack of skilled labor. Besides, the shortage of skilled labour, according to CFIB’s most recent monthly survey, is the top factor limiting the sales and output growth of businesses. A vacant position means work goes unfinished or forces the other workers to bear a greater burden – and sometimes you as the business owner. More than 429,000 jobs in the country had remained empty for over four months in the last quarter. There are a lot of potentials that have been wasted.
The situation in the construction sector is especially severe – while the national work vacancy rate is 3.2 percent, construction firms are facing a startling 4.8 percent vacancy rate, comprising 51,400 unfilled vacancies. It will also get worse: the Canadian Construction Association predicts that nearly a quarter-million construction workers will be lost due to retirement in Canada in the next decade.
Canada is experiencing an unemployment low of 32 years. Labour shortages are also happening in some industries. The construction industry is experiencing enormous shortages of skilled labour, particularly in British Columbia province. It is an opportunity for Canada’s labour agencies to grab the local market. Good recruiting in Vancouver involves an organization with experience, emphasis and knowledge, recognizing the executive & management climate of the British Columbia construction and mechanical industry. Are you looking for a couple of highly skilled technical workers? It may be best to contract with True North Labour. True North Labor, is British Columbia ‘s construction staffing agency that provides skilled workers on your demand and helps in Construction recruitment in Vancouver. Whatever causes your workforce shortage, the excellent temporary agency will provide you with trained, motivated employees to get back on track with your business.
Being one of the best Temporary employment agencies, we concentrate on skilled construction workers — providing access to the freshest pool of skilled labour for the building industry. True North Labour is your one-stop for all the staffing needs you need.
Labour shortages have led to the recruitment of construction workers from competing companies and salaries are skyrocketing because of high demand. It is estimated that in the next three years, an additional 20,000 skilled workers will be needed to ensure the Olympic venues are completed on time. Due to the shortage of foreign labours, Industries are constantly looking to employ qualified foreign workers to meet these labor-intensive shortfalls.
Construction firms want to recruit, or support, eligible foreign workers on short-term visas as professional workers. Employers are trying, but say the relevant government agencies need more help to bring staff into BC quickly. Jobs in the building and maintenance sector in Canada is projected to rise by 50,200 employees by 2029. Together with the planned retirement of more than 257,000 construction workers over the same period, the industry will need to hire more than 307,000 employees over the decade to keep up with demand, according to BuildForce Canada’s labour-market forecast.
Development of new housing is expected to bounce back in most provinces, building on increasing demands for non-residential construction and maintenance driven by ongoing investments in public and private infrastructure and heavy industrial maintenance requirements. The greatest growth is expected to occur between 2020 and 2021.In 2020 and 2021, British Columbia will continue to be the fastest-growing region led by public transit projects, pipelines and research on the LNG Canada venture and related pipeline projects. The tight construction labour market, like other sectors in Canada, is due to the ageing population of the country and shrinks the number of working-age men.
In the building industry, Build Force predicts an average age of 42 by 2028, with more than one-fifth of the existing workforce retiring. Action is now required to train newcomers to the industry to be able to replace seasoned veterans, with recorded declining interest among young people in trade occupations. Building Force forecasts that by 2028 Canadian residential builders would need to recruit 135,900 new workers, with 164,300 hires expected by non-residential firms. With under-represented groups within the sector, Build Force hopes it will make up some of the deficit by recruiting more women and indigenous people. Yet immigration would also be a significant source of fresh talent, with the federal government in Canada already preparing to increase annual rates by 2021 to 350,000.
Immigrants now account for 18 percent of the construction workforce, but companies need to be mindful of shifts in newcomer source countries, Build Force says. The move to the Asian countries as the main source of new Canadians implies that immigrants are less likely to develop. Build Force says immigrants from countries like the Philippines, India, China, Iran, and Syria aren’t automatically drawn into buildings like the Europeans and earlier North and South Americans. It needs the industry to strengthen its recruiting efforts.