OMA NEWS RELEASE: Is labour market gap shortfall or opportunity for employment boom?
This article was provided by the Ontario Mining Association (OMA), an organization that was established in 1920 to represent the mining industry of the province.
The most recent report by the Mining Industry Human Resource Council (MiHR) shows that Canada’s mining sector faces a human resource challenge to attract 145,000 new workers over the next decade. “Canadian Mining Industry Employment, Hiring Requirements and Available Talent 10-year Outlook” presents, in detail, views on the economic future of the industry, its workforce requirements — and shortfalls — and suggested actions to reduce the impending labour gap.
The study bases industry employment levels on three different economic forecasts. A baseline case shows the sector with cumulative hiring requirements out to 2023 to be 145,870. The expansionary case shows labour requirements of almost 200,000 workers over the same period while a contractionary case still shows cumulative hiring requirements of 116,850 for the next decade.
The MiHR report puts employment forecasts for 66 core mining occupations under the microscope. Difficulties are foreseen due to pending high retirement rates related to the industry’s demographics as well as recognition that mining must compete with other sectors to attract and retain valuable employees. It also recognizes the remote locations of many mining operations can be a barrier. Read the rest of this entry »
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