Canada’s work­force chang­ing


From the rise of ar­ti­fi­cial in­tel­li­gence and in­creas­ing au­to­ma­tion to shift­ing de­mo­graph­ics as boomers be­gin to re­tire, Canada’s work­force is fac­ing un­prece­dented change, ac­cord­ing to the Novem­ber LinkedIn Work­force Re­port for the Greater Toronto Area.

Here are some re­port highlights: Hir­ing was 27.3% cent higher in Oct. 2017 than in Oct. 2016. Sea­son­ally-ad­justed hir­ing is up 7.7% from last quar­ter.

De­spite spec­u­la­tion on a re­v­erse brain drain, U.S. pol­i­tics haven’t driven work­ers from the U.S. into Canada. Over the past year, Toronto has gained the most work­ers from Mon­treal, Mum­bai and the United Arab Emi­rates and lost the most work­ers to San Fran­cisco Bay Area, New York City and B.C.

Toronto’s skills gap is pri­mar­ily driven by a scarcity of work­ers with health-care man­age­ment skills.

Toronto has too many work­ers with fi­nan­cial skills, in­clud­ing bank­ing, fi­nan­cial planning and risk man­age­ment.

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