'Severe worker shortages' forecast for Alberta
Published by Remi Goc
Published on July 21, 2011
A perfect demographic storm is developing in Alberta that may lead to severe worker shortages for many years to come.
Thomas Lukaszuk, Alberta’s Minister of Employment and Immigration, said the province is already starting to see labour shortages in some sectors such as the transportation and hospitality industries.
“There are companies that simply can’t find workers already,” he said. “There are sectors that are already showing inability to readily find employees at competitive price. And that will only escalate as time goes on.
“Overall, we will have severe worker shortages not only in this province but in Western Canada for many, many years to come.”
Lukaszuk said the province is heading into a perfect demographic storm.
“Very rarely do stars align like that,” he said.
Many economists have forecast Alberta’s economy to be a nation-leader in the next couple of years. Many of the Baby Boomer generation are retiring which will create a “massive exodus” of workers. That will create a void in not only numbers but experience in the workforce. The natural population growth is not replacing that exodus. And the retirees will force increased demand for various services from coffee to medical care.
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Canadian Manufacturers & Exporters (CME) is Canada's largest trade and industry association.