-
Joëlle Noreau
Principal Economist
Quebec’s tightening labour market
Shortage, tightening, hiring difficulties—these are just a few words we can use to describe the problems employers are having to fill job vacancies in Quebec. The media is reporting almost daily on the troubles some employers are having to stay in business or expand their operations. The situation on the labour market is becoming increasingly tense and nothing points to any relief in the near future, if we rely on demographic forecasts. This is not the only factor to take into account however. The parameters framing these labour market outlooks are what exist today. The downstream effect of technological advances applied to the labour market, and to healthcare, could change everything. We also have to keep in mind that economic reversals could temper the current tensions on the labour market. Meanwhile, the difficulties are real and everyone is standing at the ready.