Tuesday, February 21, 2006

Chapter 5-Media Article

"Vancouver Facing Construction Crisis"
Canadian Press-Sunday, January 29, 2006
Employers in Western Canada are strapped for workers and looking across Canada to fill vacancies.
An already booming construction industry in Vancouver has created an already booming construction industry that had been made hotter by the demands of the start of the Olympic venues for the 2010 Winter Games in Vancouver. Just in the past year, the number of people employed by the industry in the Vancouver area has dramatically grown from around 60, 000 to more than 83, 000 now. Despite this huge increase in the number of people working in construction, there is still need for more workers in this field of work.
In B.C. the numbers of jobless people were 47, 020 in November, decreased by 16% from the previous year, and the average weekly earnings grew 4~9% over the year. According to Leanne McArthur, operations manager for Macenna staffing in Fort St.John, B.C., numerous companies in Fort St. John are currently looking for skilled workers in all fields from warehosue workers to oilfield operators.
However, the one big challenge that a lot of the job seekers face is that they may have qualifications to do a certain job but they may not be ready to work in the actual workfield. This is mainly because the actual job is very different and not what many job seekers would perdict their job to be like.

Relationship to Ch.5-Unemployment and Employment
In the article above, it has been stated that more and more employers in Canada, especially Western Canada, are looking and in need of workers across Canada to fill vancanies on different kinds of jobs (mainly construction). Also, the unemployment rate have decreased by 16% in this past year. Consequently, the employment rate/number has naturally gone up as well. Overall, this article seems to have included a bit of the demand-deficient unemployment, and structural unemployment. Demand-deficient unemployment is somewhat included in this article because if consumers are demanding more and more apartments, houses, and other construction works (in this case, it would be any constructions for the 2010 Olympics in Vancouver), then the demand-deficient unemployment will decrease as more people may be employed due to the increase in consumers demand, which will result in an increase of sales for businesses. Similiarly, structural unemployment works the same way because if there's an increase in demand for a certain good/service, then the employer is more likely to employ more wokers.
Think again, perhaps the 2010 Winter Olympics may just benefit Vancouver as more constructions works are to be done in such a short period of time. As a result, employers are probably going to hire more workers at a time in order to finish a construction work using the least amount of time, but of course, more workers will be needed in order for this to be accomplished. The overall result of this would be a decrease in the unemployment rate. On the other hand, once the construction works for the preparation of the 2010 Winter Olympics have been completed, what will happen to all the workers that were hired for the construction works? Will they be able to stay in the construction field and find another job? Perhaps the unemployment rate will increase again because those group of people are unable to find a job or they don't have the necessary skills to work in another field... What do YOU think?

2 Comments:

Blogger Unknown said...

This is happening evrywhere and in many industries. today's highly educated generation dosent want to do the dirty work and those people, laborors, farmers, construction workers, mortitions and more are becoming more and more scarce expecially with the aging baby boomers soon to retire. we will need many more of these skilled laborors, though in vancouver do you think this should be such a focus? maybe this looks like a problem, is there a larger problem underlying is much larger than what it seems, BC is becoming a giant retirement home, people as the grow older, go from east to west where the young yuppi's go to toronto where they make their money and come westward as they have more of a base though this means people here either are profesionals or retireing...

12:31 a.m.

 
Blogger David Bach said...

10/10

5:09 p.m.

 

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