Canadian Labour Reporter

September 29, 2014

Canadian Labour Reporter is the trusted source of information for labour relations professionals. Published weekly, it features news, details on collective agreements and arbitration summaries to help you stay on top of the changing landscape.

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8 Canadian HR Reporter, a Thomson Reuters business 2014 lAboUr bY tHe nUmbers September 29, 2014 2/3 of employed Canadians entered their 50s with long-term jobs (defined as jobs that lasted 12 years or more). $1.4 trillion the market value of Canadian employer-sponsored pension funds at the end of the first quarter of 2014, up 5.3% from the fourth quarter of 2013 4.8% growth in pension fund investments in stocks in the first quarter 5.2% increase in the value of foreign investments held in Canadian pension funds. Pension fund revenue fell 6.9% to $39.3 billion as a result of lower employer and employee contributions as well as reduced investment income. Over 6.2 million Canadian workers are members of employer-sponsored pension plans Source: Statistics Canada 74% fewer applications were submitted to the Temporary Foreign Worker Program in July and August than the same time period in 2012 after significant reforms were made. Employment and Social Development Canada compiled the positive labour market opinions issued in Canada in 2012, the most recent data available 202,510 positive LMOs were issued in Canada, the highest since 2009 95, 570 temporary foreign worker positions in Canada listed on positive LMOs were for men 44,240 were for women 62,700 were for unspecified workers 17,755 Temporary Foreign Worker positions in Canada listed on positive LMOs were for food counter attendants, kitchen helpers and related occupations 17,290 were for general farm workers 16,485 were for babysitters, nannies and parents' helpers 12,255 were for harvesting labourers 11,260 were for cooks Sources: Employment Minister Jason Kenney and Employment & Social Development Canada Labour by the numbers More than one-half of workers aged 55 to 64 who left long-term jobs between 1994 and 2000 were re-employed within a decade. EMPLOYMENT TRANSITIONS EMPLOYER PENSION PLANS LABOUR MARKET OPINIONS MORE THAN 1/2 Women 21.8% Unspec. 31% Men 47.2% Men were more likely than women to be re-employed. Compared with Ontario residents, older workers in Atlantic Canada were less likely to find work after leaving their long-term job while those in the prairie provinces and the Northwest Territories were more likely. Source: Statistics Canada 2/3 Positive LMOs issued in 2012 broken down by applicants

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