It's hard to pick up a newspaper in Alberta these days and not see a headline that reads, 'labour shortage', 'lack of workers', 'skilled worker shortage'.
Alberta is booming. With the province's unemployment rate at 3.6% and Calgary's at an all-time low of just 3.1% (July 05), there are currently more job opportunities than there are people to fill them!
The figures clearly support the anecdotal evidence of the labour crisis in Alberta.
- A survey in August by Merit Contractors Association found that 66% of the 581 firms it surveyed were having trouble filling positions, up from 54% in January.
- In the last Canadian Federation of Independent Business member survey, more that 60% of the organization's membership cited worker shortages as an issue, the highest level ever, and the highest of any province in Canada.
- In 2004, the Canada West Foundation reported critical labour shortages affect 65 industries in Alberta and shortages will likely continue to increase.
- According to the Alberta Regional Occupation Outlook; 2005 - 2010 report by Alberta Human Resources and Development, employment in the province grew by more than 470,200 jobs over the past ten years.
- The Alberta government is predicting a shortfall of 100,000 workers over the next decade - a situation that threatens the $107 billion in expected capital projects.
The shortage of skilled labour is one of the most pressing issues in Alberta today and is already having serious implications for both business and the economy.
The oil and gas industry is suffering a critical shortage of workers which in turn is causing production delays and postponement or abandonment of multi-million dollar projects.