A report suggests that the Canadian labor force would show a completely dissimilar face over the next two decades. Thanks to the swell in the number of baby boomers and immigrants, the situation on the employment front of the country stands to undergo a major change. It is being suggested that with the number of natives of Canada nearing the age of retirement heading north, the number of immigrants into the nation is also expected to see a jump, so that they (immigrants) could step in to substitute them.
Courtesy growing number of retirements among the natives of Canada, the growth of the labor force of the country would almost stop. And this would increase the age of the labor force over the coming two decades. The report further observes that the only plus point would be the flooding of migrants into the country. According to the study carried in the report in question, the discovery that most of the new immigrants turning up on the soils of the country, were under 40 years and that they also succeed in finding jobs there sooner than later, would assist reducing the pace of the ageing of the labor force there.
By 2031, nearly one out of every four workers in the region of Manitoba would be born outside the frontiers of the country. The yearly growth rate of the labor force of the nation between 2006 and 2010 stood near 1.4%. Still, it is being projected that the rate of growth for labor force would slide down to 1%. It would be the fallout of the departure of the growing number of baby boomers from the Canadian work force.


