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The Canadian Skills Shortage: Keeping Tradespeople Employed for the Foreseeable Future
The Canadian Skills Shortage: Keeping Tradespeople Employed for the Foreseeable Future
January 27, 2012
TORONTO, ONTARIO--(Marketwire - Jan. 27, 2012) - The current challenge of all major industrial manufacturers in Canada is the shortage of skilled workers with the right experience.
Research conducted by the Canadian Steel Trade and Employment Congress, [CSTEC] underscores this challenge in the broader Steel Sector.
With a very high value-add per employee, when compared to the rest of manufacturing, the broader Steel Sector is a good example of the "perfect storm" facing industrial manufacturing on Canadian soil. Over the next five years the steel industry will need to hire between 19,000 and 29,000 workers from all categories just to replace retiring employees. A minimum of 5,000 skilled tradespersons will also need to be replaced. This must occur during a period of significant retraction within the global steel industry.
