workforce aging

‘It will get worse over the next 10 to 15 years’: What to expect from Canada’s labour market as the workforce ages

Source: www.ctvnews.ca There will likely be more Canadians leaving the workforce than entering it over the next few decades as the country’s senior population grows, according to new data from Statistics Canada. Experts say this will not only exacerbate existing labour shortages, but could result in higher wages for employees.

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