A report from CIBC reaffirms the existence of a skills gap in Canada. "Large swaths of those unemployed are not what employers are seeking... lower levels of unemployment generally occur when there are higher levels of job vacancies. That intuitive relationship has failed to hold true in Canada since 2011, with higher vacancies and higher unemployment positively correlated. A disconnect between the types of workers desired and those that are available in the ranks of the unemployed would explain how a growing number of unfilled vacancies could co-exist with a higher level of unemployed—and potentially unemployable—individuals." Via Academica.
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