Thursday, July 12, 2007

Labour Market Information

  • Demographics
  • Globalization
  • Technotogy
  • Standard vs. Non Standard
  • Economic Restructuring

Demographic Changes

Baby Boomers - People are getting older and we are having a lot of retirements. Because of these retirments we are going to have a ton of job openings. There will also be a lot of opportunities for creative ideas for helping the elderly. Medical jobs will also boom because of the large need for medical care.

Globalization

- Globalization of trade means freer and more intense worldwide trade across national borders

- Technology is the biggest factor making globalization possible

- 90% of the world population will live in developing countries by the year 2005. Goods for consumption will be munufactured there.

Opportunity

Provide services in the form of expertise and knowledge, to aid countries.

The 'Big 5' in Services

  • Trade
  • Health Care
  • Food & Accommodation
  • Professional &Rechnical Services
  • Education

BC's Fastest Growing Industries

  • Electrical & electronic manufacturing
  • Business services
  • Financial services
  • Communication services
  • Transportation equiptment manufacturing
  • Plastics

Educational requirements for future jobs in BC

  • Some High School (13%)
  • High School Completion (14%)
  • Other Post-Secondary (50%)
  • University (23%)

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