High job vacancies, low unemployment rates, and an aging Canadian workforce are major challenges facing the economy, say two academics, who also point to COVID income supports and declining teen labour participation as issues demanding significant responses from employers and policy-makers alike. Late in April Statistics Canada announced that the country has more people aged…
‘Need All Hands on Deck’: A Look at Income Supports, Teen Workers Amid Aging Workforce, High Job Vacancies
China Has a Problem With New Working Hands and Minds
Commentary The Middle Kingdom’s population is aging. It has fewer young people to replace the retiring older generation, the one that manned the machinery of China’s huge advances since Deng Xiaoping abandoned Mao Zedong’s economic model. This demographic challenge presents China’s economy with a huge challenge. The problem is one of Beijing’s own making. It…
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