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Skills shortages have developed in certain fields and regions in recent years. Earnings premiums for people in some professions, notably health, engineering and skilled trades have increased.
Canada has experienced solid economic growth since the global crisis, allowing it to reverse recession-induced job losses and put federal public finances on a sound footing, says the OECD. Growth is expected to accelerate from 2.5% this year to 2.7% in 2015.
Two rounds of the Survey of Adult Skills are under way: Round 1 (2008-13) with 24 participating countries, whose results were released in October 2013, and Round 2 (2012-16) with 9 participating countries, whose results will be released in 2016. A third round is scheduled to begin in May 2014.
Briefing notes for the 2013 Edition of the OECD Employment Outlook
The tertiary education system in Canada performs well in fostering a skilled workforce with generally good labour market outcomes and is internationally recognised for its research contributions.
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Canada’s labour market recovery is not yet complete, but continues to outpace that seen in many other OECD countries.
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The recovery of the Canadian labour market is well under way. The unemployment rate (ILO definition) fell by more than one percentage point to 7.2% in June 2012, since peaking at 8.5% in the third quarter of 2009.
Human resources and skills are becoming increasingly important to economic development. In the context of the economic downturn, challenges such as high youth unemployment call for a collaborative and tailored approach.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
This report examines the relationship between SMEs' management of intellectual assets, innovation and competitiveness.