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Omar Yaqub

In-migration key to Alberta's inflation fight | Troy Media Corporation - 0 views

www.troymedia.com/...ey-to-albertas-inflation-fight

alberta work trends competitiveness

shared by Omar Yaqub on 25 Mar 11 - No Cached
  • Labour costs can’t be avoided Why are local labour markets key to containing inflation? When demand picks up in Alberta, imported goods can simply be ramped up as well. The cost of a Toyota didn’t change significantly in ’08, for instance. Conversely, the cost of a haircut, building a high-rise or an up-grader all increased substantially. High labour costs for non-tradable goods and services simply can’t be avoided.
  • We’re not yet at the point where the Alberta labour market is strained because  natural gas is still down and governments have cut back so the added activity can likely be accommodated without causing wages to spike. Unfortunately, that can change quickly. Thankfully, while confederacy doesn’t always lead to an optimal interest rate for western Canada, it does provide a pressure release valve through inter-provincial migration.
  • People relocate for a variety of reasons (family, education, etc.), but, typically, there are three main economic drivers: wages, cost of living and the unemployment rate, which are all linked to one another. For instance, what’s the point of having a higher average wage if it is entirely eaten up by higher living expenses, and wages might be higher in another province, but if they’re not hiring there’s not much point relocating.
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  • There really hasn’t been a whole lot of migration over the past couple years but, going forward, this might change as the above-mentioned factors are starting to turn in Alberta’s favour. Relative to Ontario, over the past year the wage premium has been consistently over 10 per cent, the unemployment rate has been on average 2.5 percentage points lower, and housing affordability indices show that relative affordability has significantly improved in Alberta as well.
  • The average wage in Alberta was four per cent higher than in Ontario in 2006 but is 11 per cent higher now.
  • Idle Americans could help labour shortage
  • Currently idled American trades people will likely fit that bill quite nicely if enough Canadians don’t relocate.
  • Lastly, Alberta is certainly in a better position to accommodate any influx now than it was in the 2006-08 period, given higher rental vacancy rates and lower residential construction activity. Who knows? Maybe, for a brief period anyway, Alberta will actually find that elusive sweet spot between growth and inflation.
Omar Yaqub

Canadian Immigration and Visas | National Occupation Classification List - 0 views

www.workpermit.com/...employee_list.htm

immigration work

shared by Omar Yaqub on 27 Feb 12 - No Cached
  • Code Occupation 0631 Restaurant and Food Service Managers0811 Primary Production Managers (Except Agriculture)1122 Professional Occupations in Business Services to Management (cap reached for June 2011 year)1233 Insurance Adjusters and Claims Examiners2121 Biologists and Related Scientists2151 Architects3111 Specialist Physicians3112 General Practitioners and Family Physicians3113 Dentists3131 Pharmacists3142 Physiotherapists3152 Registered Nurses (cap reached for June 2011 year)3215 Medical Radiation Technologists3222 Dental Hygienists & Dental Therapists3233 Licensed Practical Nurses4151 Psychologists4152 Social Workers6241 Chefs6242 Cooks7215 Contractors and Supervisors, Carpentry Trades7216 Contractors and Supervisors, Mechanic Trades7241 Electricians (Except Industrial & Power System)7242 Industrial Electricians7251 Plumbers7265 Welders & Related Machine Operators7312 Heavy-Duty Equipment Mechanics7371 Crane Operators7372 Drillers & Blasters - Surface Mining, Quarrying & Construction8222 Supervisors, Oil and Gas Drilling and Service
  • Canadian Eligible Skilled Occupations
  • Omar Yaqub on 27 Feb 12
     
    Canadian Eligible Skilled Occupations Code Occupation 0631 Restaurant and Food Service Managers 0811 Primary Production Managers (Except Agriculture) 1122 Professional Occupations in Business Services to Management (cap reached for June 2011 year) 1233 Insurance Adjusters and Claims Examiners 2121 Biologists and Related Scientists 2151 Architects 3111 Specialist Physicians 3112 General Practitioners and Family Physicians 3113 Dentists 3131 Pharmacists 3142 Physiotherapists 3152 Registered Nurses (cap reached for June 2011 year) 3215 Medical Radiation Technologists 3222 Dental Hygienists & Dental Therapists 3233 Licensed Practical Nurses 4151 Psychologists 4152 Social Workers 6241 Chefs 6242 Cooks 7215 Contractors and Supervisors, Carpentry Trades 7216 Contractors and Supervisors, Mechanic Trades 7241 Electricians (Except Industrial & Power System) 7242 Industrial Electricians 7251 Plumbers 7265 Welders & Related Machine Operators 7312 Heavy-Duty Equipment Mechanics 7371 Crane Operators 7372 Drillers & Blasters - Surface Mining, Quarrying & Construction 8222 Supervisors, Oil and Gas Drilling and Service Canada Guide for Employers Skilled Workers Assessment Points calculator Guide for Individuals Overview Skilled Worker Immigration Shortage Occupations Family & Dependants International adoptions US vs. Canada Resume (CV) Format IT professionals Provincial Nominee Program Canada business immigration Working Holiday Program Canada Study Permits Relocating to Canada Immigration to Australia Canada United Kingdom United States more countries » Immigration assessments Tier 1 (General) Assessment UK employee work permit Australia skilled immigration Canadian skilled workers US green card lottery US H-1B for individuals US L-1 appraisal form US Green card assessment German green card General assessment Eligibility certificate Full assessments list
Omar Yaqub

Why Are Some Cities Happier Than Others? | www.theatlantic.com | Readability - 0 views

www.readability.com/...yepsuhkv

happiness

shared by Omar Yaqub on 23 Mar 11 - No Cached
  • My own research has documented the connection between a large-scale presence of the creative class of workers -- people who work in science and technology; business and management; arts, culture and entertainment; medicine and education -- and the prosperity of cities. But it's about more than prosperity. Once a certain threshold of income is met, our research finds, the work people do plays a substantial role in their happiness, over and above the effect of income at the national6, state7, and city8 levels. Our findings here reinforce and confirm this conclusion. There is a substantial positive correlation between city happiness and the share of creative class jobs (.5) and a significant negative one between well-being and the share of working class jobs (-.4).
  • composition of city job markets plays a considerable role in our sense of well-being as well.
  • cities with more blue-collar economies have been among the hardest hit by the economic crisis. Unemployment is high, incomes are lower.  Workers in these kinds of jobs have faced much greater trouble finding new jobs (the unemployment rate for production workers is 10 percent; for construction workers it tops 20 percent). Not only do these workers have skills and incomes which are tied to their specific jobs, many in these areas are trapped in underwater homes and unable to relocate to areas with more work and greater opportunity:  Hardly a recipe for happiness
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  • Americans are divided by their sense of happiness and well-being as well. Along with everything else that polarizes us, America increasingly faces an increasingly unequal geography of class and happiness.
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