Ottawa, March 14, 2022 (GLOBE NEWSWIRE) — Newfoundland and Labrador’s construction and maintenance industry peaks in employment in 2023, after which about 16%, according to new labor market forecasts prepared by BuildForce Canada. That is, about 2,300 workers will be employed. The end of 2027.
The state’s construction labor market recovered in 2021 after a sharp drop in employment in 2020. The recovery in this sector was driven by a significant surge in new home construction, which is expected to last in the short term.
BuildForce Canada Construction and maintenance from 2022 to 2027 Today’s state report. This scenario focuses on a six-year period of state labor market data, as opposed to the ten-year surveyed in previous reports. The shortened forecast period allows the report to more clearly focus on short-term and long-term supply and demand pressures affecting the state’s construction sector.
“The outlook for 2022-2024 has been strengthened by the expected surge in housing starts near recent highs, with the start of major mining projects and the resumption of the West White Rose offshore platform. “Bill Ferreira said. , Executive Director of BuildForce Canada. “But the state’s long-term outlook remains constrained by demographics of the elderly, slowing population growth, and the end of current major projects.”
The aging workforce has become a major challenge for the Newfoundland and Labrador construction industries. The state is expected to retire as many as 3,380 workers (or 17% of its current workforce) between 2022 and 2027. Over the same period, it is expected to hire only 1,800 new workers under the age of 30 from locals. ..
There are many proposed projects under track, but no new major projects planned to start during the forecast period, but the state’s labor supply challenges are lacking in skills due to limited training opportunities for young workers. May worsen.
Developing skilled merchants in the construction industry can take years and often require participation in a state apprenticeship program. New enrollments in the state’s 13 largest construction trade programs have declined at an average annual rate of 14% since 2016.
In 2019, the number of certified workers completing the program was less than half the peak levels reported in 2015. Due to the impact of COVID-19, the pool of newly certified workers in 2020 has further decreased. Based on the latest registered apprenticeship information system data, apprenticeship training and certification has been significantly suspended, reducing the number of new registrants by nearly 50% to 225 in 2020.
Based on the expected new registrations and closing trends, some transactions run the risk of potentially running out of the number of new travelers needed by 2027. Transactions within this group include heavy equipment operators, industrial machinery (millwrights), plumbers, and welders.
The construction industry continues to focus on building a more diverse and comprehensive workforce. To that end, efforts are underway to increase the recruitment of individuals from groups traditionally undervalued by the state’s construction workforce, including women, indigenous peoples and newcomers to Canada.
In 2021, approximately 1,500 women were employed in the construction industry in Newfoundland and Labrador. It increased by 400 compared to 2020. Of these, 54% worked directly on-site construction projects, and the rest worked off-site, primarily in management and management-related duties. Of the 14,400 merchants employed in the industry, women make up only 6% of the total.
Indigenous peoples are another underrepresented group that offers recruitment opportunities for the Newfoundland and Labrador construction industries. In 2021, approximately 63,700 indigenous peoples were hired in Canada’s construction sector. This represents 9% of all indigenous peoples in the workforce. Further recruitment of indigenous peoples into the state’s construction industry, as indigenous populations are the fastest growing in Canada and indigenous workers appear to tend to pursue careers within the sector. There may be room for more.
The construction industry is also working to hire new entrants to Canada. The state is expected to welcome an average of about 2,745 new entrants to Canada each year, and the immigrant population is a major source of labor growth. As of 2016, new entrants and established immigrants to Canada make up about 1% of the state’s construction workforce.
Increasing the participation of new entrants to women, indigenous peoples and Canada will greatly help the Newfoundland and Labrador construction industries meet future workforce needs.
BuildForce Canada is a national industry-led organization that represents all sectors of Canada’s construction industry. Its mission is to support the labor market development needs of the construction and maintenance industry. As part of these activities, BuildForce works with stakeholders in key industries such as contractors, construction proponents, worker providers, governments and training providers to impact the workforce capacity of the sector. Identifying both supply and supply trends and supporting career search The number of job seekers who want to work in the industry. BuildForce also focuses on improving workforce skills, increasing workforce productivity, improving training modalities, human resources tools to help adopt industry best practices, and supporting the workforce development needs of the industry. Leading programs and initiatives to support other value-added initiatives that have been applied. Please visit www.buildforce.ca.
For more information, please contact Bill Ferreira (firstname.lastname@example.org or 613-569-5552 ext.), Executive Director of BuildForce Canada. 2220.
This report is based on the support and input of stakeholders in the construction and maintenance industries of various states. Contact the following for local industry reactions to this latest Build Force Canada report.
Construction Labor Relations Association – NL
Trades NL: Building Trades in Newfoundland & Labrador
CBJ News Maker
Newfoundland and Labrador, Canadian Business Journal to see modest employment recovery by 2023 before signing until 2027
Source link Newfoundland and Labrador, Canadian Business Journal to see modest employment recovery by 2023 before signing until 2027