Report on Employment Trends and Occupational Demands in Canada

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Added on  2022/08/21

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This report analyzes employment trends and occupational demands in Canada, focusing on electricians, nurses, and accountants. The analysis, based on Statistics Canada and other sources, reveals positive trends in electrician employment, with a projected growth of 10% from 2018 to 2028. While the nursing workforce is growing, the growth rate has slowed, with a significant increase in male nurses. The report also highlights a 6% growth expectation for accountants between 2018 and 2028. The demand for electricians is high due to infrastructure projects and the need to replace an aging workforce. Nurses are in high demand, facing a shortage, while accountants also have strong demand, creating opportunities for high school graduates with the right skills and training. The report discusses the implications for graduates, emphasizing the importance of skills development and the potential for high salaries. It also addresses the implications for employers, highlighting the need for assertive hiring practices to meet the demand and maintain a strong economy and healthcare system. References are provided in APA format.
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Running head: EMPLOYMENT TRENDS IN CANADA
EMPLOYMENT TRENDS IN CANADA
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1EMPLOYMENT TRENDS IN CANADA
Trends in Employment
Canada is a flourishing economy with lots of employment opportunities. A positive trend
is seen in the employment opportunities for electricians as it is expected to grow faster than any
other occupation, that is, 10% from 2018 to 2028. As for nursing, it has been seen that the
nursing workforce seems to grow however; the rate has decreased in the last 5 years. The number
of male nurses grew by 17% in the last five years while the number of female nurses grew
slightly more than 5% in the recent years. Employment for accountants is expected to grow by
6% from 2018 to 2028 (Richins et al., 2017).
Demand for the positions
Demand for electricians is high in Canada as a new report from Electricity Human
Resources Canada says that there is a need for at least 20,500 workers in the transmission
systems and the power plants before 2022 (Bureau of Labor Statistics, 2019).. New workers will
be required to replace the elderly workforce as the industry is expanding because of high demand
for power. There is a high demand for nurses in Canada, as it faces a shortage of 60,000 nurses
by the year 2022 as reported by Canadian Nurses Association (CAN). This is because of budget
cuts and failure to keep up with the hospital demands (Statistics Canada, 2020). As for the
accountants, there seems to be a high demand for this occupation as reported in a survey.
Implications for Graduates
The high demand for workers for the occupations of electricians, nurses and the
accountants makes a bright future for the high school graduates. With proper training and
development of skills, they would be able to get the jobs in these fields and contribute to the
economy of the country. Electricians need a proper training of the new workers that would be
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2EMPLOYMENT TRENDS IN CANADA
joining them. Because of the deficiency in the number of nurses in the healthcare system, it
becomes necessary to hire the high school graduates. Finally, the salary for the accountant
position lure the students for this job.
Implication for Employers
This implies that the employers have a tough task because of the huge demand for these
jobs. The employers have to be assertive in hiring professionals to keep the Canadian economy
working and the improving the healthcare system. This would provide proper opportunities for
both the employers and the employees.
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3EMPLOYMENT TRENDS IN CANADA
References
Bureau of Labor Statistics. (2019). Electricians : Occupational Outlook Handbook: : U.S. Bureau
of Labor Statistics. Retrieved 27 January 2020, from
https://www.bls.gov/ooh/construction-and-extraction/electricians.htm#tab-6.
Richins, G., Stapleton, A., Stratopoulos, T. C., & Wong, C. (2017). Big Data analytics:
Opportunity or threat for the accounting profession?. Journal of Information
Systems, 31(3), 63-79.
Statistics Canada. (2020). Statistics Canada: Canada's national statistical agency. Retrieved 27
January 2020, from https://www.statcan.gc.ca/eng/start
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