Opinion: Why is employment still down in these five industries? – via fpcomment
and warehousing . Last year these industries accounted for 19 per cent of total employment, down from 22 per cent in 2019.Article contentLike most industries, in 2022 these five experienced elevated job vacancies and historically low unemployment rates. Is it just a question of not being able to find workers?
In four out of five cases, no. Using October 2022 data, the latest available, we calculate that even if employers had been able to fill all positions that were going vacant, only “business, building and other support services” would have been back to pre-pandemic employment levels.
with the largest annual increases in jobs that couldn’t be filled, affecting job creation and employment growth.Article content Lower labour force participation rates as a result of an aging population are one possible reason for labour shortages but other factors are also in play. Some workers who lost their jobs to pandemic shutdowns may have moved to industries less vulnerable to shutdown and job loss.
COVID-19 has also caused a significant increase in teleworking. The proportion of people working mostly from home increased from four per cent in 2016 to
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