The modern organization, the
economy, and the demographics of society mean that the workplace today and in
the future is very different from that of 10 or 15 or more years in the past.
Organizations are hiring younger people to bring a newer feel to the company.
Jobs are harder to find due to being highly competitive. People are retiring
later for both good and bad reasons.
I personally witnessed this at where I used to
work. At Sears they started to lay off the older employees despite being with
the company for a few years. They began to hire new younger employees who did
not stick around for too long. These days if you are not in aunion or public
sector the career you want to peruse is disappearing or already may have.
People are coming out of post-secondary only to realize that long-term
employment is very difficult to find.I’ve noticed job changes are becoming more
frequent I only being 17 have had 2 jobs and my sister being 20 has also had 2
as well. My uncle who has not reached his late 30’s yet has had 5-6 jobs not
including the ones he works right now. That says quite a bit. He currently has 3 jobs and works 90-100
hours a week only getting 1-2 hours of sleep sometimes just to support his
“young” family. My mom and had been working at sears for almost 11 years and my
dad work at the same company for 30 years! It is so much harder my uncle says
to find a full time job than a part time job. It is even harder for people who
are coming from other undeveloped countries since their grade 12 does not count
in Canada even the university that they have done does not count.
recent years, retirement has stabilized and people are retiring at a later age.
The average new retirement age is close to 70.One
reason the retirement age is being pushed back is that the nature of work has
changed for many people there are a lot more office jobs than it used to be.We’re living longer as well as healthier lives which mean
some people might want to work longer. Canadians are making sure they have a
comfortable retirement and are investing in their retirement savings. Many
families had thought then when their kids were older they would have less
expenses and would be able to start saving more for retirement but it may not
always happen the way things are planned. Skip a couple years ahead and they
may find that they have not even started yet with additional financial roadblocks for parents
when their kids need new electronics, some of the latest cloths, or maybe
even a car with expensive insurance and gas just to add on top of that. Also
all those costs are on top of the tuition and other post-secondary education
According to the Government of
Canada job market trends, full time job vacancies increased roughly by 54,000,
whereas part time jobs increased about 14,000 on a yearly basis. The overall
hourly wage did not change from the $19.50 pay throughout the country. During
this period, the much improved labor market conditions are thought to be
because of several labor market indicators. According to the Labor Force
Survey, Canada’s job openings have increased at quiet a noticeable rate of
change since 2016 and the unemployment number has continued to decline. Comparing Q1 of 2017 to 2016, the number of
job openings has increased by 18.8% in Canada, along with the job opening rate,
which rose 0.4%. These quarterly increases could partially reflect seasonal employment
patterns, as especially between the first and second quarters of 2015 and 2016 job
vacancies were also on an increase.