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Omar Yaqub

Worker squeeze to hit oilpatch - 0 views

www2.canada.com/...story.html

work alberta competitiveness trends

shared by Omar Yaqub on 30 Mar 11 - Cached
  • Jobs in Alberta's oilpatch could double over the next decade if commodity prices remain strong, leading to a labour crunch rivalling that of the last boom cycle, according to an industry council.
  • Petroleum Human Resources Council of Canada warns the shortage of skilled workers already being felt across the Canadian oilpatch will deepen, regardless of commodity prices and activity levels in the oil and gas industry.
  • "We are headed toward a severe labour shortage, regardless of future energy prices and industry activity," said chief executive Cheryl Knight.
  • ...8 more annotations...
  • "Our industries will need to be prepared to face a labour shortage more severe than what we experienced in 2007."
  • about 102,300 positions would open in a high-price scenario, up from 57,850 positions in 2009.
  • Alberta ? Low-price scenario: 33,000 net hires- High oil, low natural gas price scenario: 50,800 net hires- High-price scenario: 102,300 net hires- 2009 estimated workforce: 57,850
  • major driver in the forecast is Canada's aging workforce, about 30 per cent of which will retire over the next decade.
  • "Even in the worst scenario, when energy prices and industry activity are low, we will need to hire at least 39,000 workers to replace those who are retiring," Knight said. "If industry expands in a highprice scenario, we will need to find 130,000 workers to fill new positions."
  • The oilpatch already is seeing shortages in skill sets such as geology, engineering and geophysical expertise, as well as on-the-ground field workers.
  • Access to labour and skills determine the unit of production of the petroleum industry."
  • services sector may need to hire as many as 72,000 workers over the next 10 years, he said. Jones noted it takes the average rig worker about 10 years to accumulate enough skills and experience to become a rig manager.
Omar Yaqub

Worker squeeze to hit oilpatch - 0 views

www2.canada.com/...story.html

work alberta competitiveness trends

shared by Omar Yaqub on 30 Mar 11 - Cached
  • council sees demand for workers skilled in new technologies associated with unconventional oil and gas exploration and production, as well as increased demand for employees such as water and environmental management technicians, steam engineers and fracking operators,
  • Attracting workers with the right skills is "essential to sustain growth in the industry," said Jennifer Koury, vice-president corporate services with driller EnerPlus.
  • "Everyone remembers that in 2007 severe labour shortages put serious limits on our industry and it cost us in the industry dearly," she said. "The (report) has shown us that the industry will soon be entering another severe labour shortage and we need to be prepared."
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  • A shrinking labour market will drive up costs and make the industry less competitive, said Gary Leach, executive director of the Small Explorers and Producers Association of Canada.
  • "If you don't have trained workers in key choke points, and we're already seeing that, it's going to affect the development of all sorts of big projects," Leach said.
Omar Yaqub

Labour markets: Jobs don't pay what they used to | The Economist - 0 views

www.economist.com/...labour_markets_1

work trends

shared by Omar Yaqub on 30 Mar 11 - No Cached
  • Omar Yaqub on 30 Mar 11
     
    With nearly 14 million unemployed workers in America, many have gotten so desperate that they're willing to work for free. While some businesses are wary of the legal risks and supervision such an arrangement might require, companies that have used free workers say it can pay off when done right.
Omar Yaqub

Labour already tight early in recovery: panel - 0 views

www.edmontonjournal.com/...story.html

work alberta edmonton trends

shared by Omar Yaqub on 01 Apr 11 - No Cached
  • return of scarce labour and rising construction costs will be the downside of renewed economic growth in Alberta
  • Alberta's 5.7-per-cent unemployment rate in February was tied with Saskatchewan for second-lowest in the country behind Manitoba. Private-sector job growth in the province leads the nation at five per cent year-over-year.
  • But 62 per cent of business leaders also reported that finding workers was a problem, he said.
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  • In a January survey of city businesses by the Edmonton Chamber of Commerce, 65 per cent said economic conditions were better than a year ago, said Rick Hersack, the chamber's chief economist.
  • "Businesses are telling us that we're back up into a growth mode and we're concerned it might be going into another boom -the concern mainly being the strain on labour availability," Hersack said
  • In the goods-producing sector, a higher proportion -80 per cent -called labour supply a problem, while 56 per cent expected a shortage in one to three years.
  • In the service sector, 54 per cent said labour availability was a problem and 44 per cent anticipated a shortage
  • "With the ramp-up in the energy sector, that affects essentially all of Alberta," Hersack said. "We also asked our members about their hiring intentions and they'll well exceed the availability of labour force.
  • Kavcic said labour shortages will push wages up.
  • as wages rose, migration of labour from East to West would also rise.
  • "Three areas that clients and business owners remain cautious on are labour force, what's going to happen with commodity prices and the weather," Hogg said.
  • "Businesses all remember what happened in Alberta in 2005 with the difficulty and expense of hiring employees."
  • A report released by the Petroleum Human Resources Council of Canada Tuesday also warned a labour force of about 130,000 workers will be needed to fill new jobs in the oilpatch and keep pace with retirements.
Omar Yaqub

Working Smarter in a Tough Economy: Workplace Strategies | Area Development Online - 0 views

www.areadevelopment.com/...-economy-cost-savings009.shtml

work trends

shared by Omar Yaqub on 27 Apr 11 - No Cached
  • Working Smarter in a Tough Economy: Workplace Strategies Particularly during a downturn, business enterprises can become more agile and competitive by rethinking the workplace model
Omar Yaqub

Does Local Firm Ownership Matter? - 0 views

edq.sagepub.com/...0891242411407312

local trends competitiveness

shared by Omar Yaqub on 04 May 11 - No Cached
  • Omar Yaqub on 04 May 11
     
    A data set for U.S. counties that includes residence status of firm owners is used to assess whether per capita density of locally owned businesses affects local economic growth, compared with nonlocal ownership. The database also permits stratification of firms across different employment size categories. Economic growth models that control for other relevant factors reveal a positive relationship between density of locally owned firms and per capita income growth but only for small (10-99 employees) firms, whereas the density of large (more than 500 workers) firms not owned locally has a negative effect. These results provide strong evidence that local ownership matters for economic growth but only in the small size category. Results are robust across rural and urban counties.
Omar Yaqub

How Do We Prepare Kids for Jobs We Can't Imagine Yet? Teach Imagination - Education - GOOD - 0 views

www.good.is/...-imagine-yet-teach-imagination

trends work education

shared by Omar Yaqub on 05 May 11 - No Cached
  • When you were a kid, could you, your teachers, or your parents imagine your current job? Plenty of us go to work every day in careers that didn't exist when we were in grade school. How can schools set the next generation up for success when we don't have a clear picture of what the jobs of the future will be? The growing consensus is that we need to shift schools toward to fostering creativity and conceptual thinking abilities, and a new project called Imagination: Creating the Future of Education and Work wants to help educators figure out how to do it. 
Omar Yaqub

Cultural Intelligence - 0 views

davidlivermore.com/...CQ-Difference-Chapter-1.pdf

Work trends

shared by Omar Yaqub on 20 Jul 11 - No Cached
  • Omar Yaqub on 20 Jul 11
     
    The number one predictor of your success in today's borderlessworld is not your IQ, not your resume, and not even your expertise. It's your CQ, a powerful capability that is proven to enhanceyour effectiveness working in culturally diverse situations. AndCQ is something anyone can develop and learn. Research conducted in more than thirty countries over the last decade hasshown that people with high CQ are better able to adjust andadapt to the unpredictable, complex situations of life and work intoday's globalized world.1CQ or cultural intelligence is the capability to function effectively in a variety of cultural contexts-including national, ethnic,organizational, and generational. It's a whole new way ofapproaching the age-old topics of cultural sensitivity, racism, andcross-border effectiveness. And it will open up a whole new worldof possibilities for you. The purpose of this book is to improveyour cultural intelligence. Welcome to The CQ Difference!
Omar Yaqub

'Severe worker shortages' forecast for Alberta - 0 views

www.edmontonjournal.com/...story.html

Work alberta trends

shared by Omar Yaqub on 06 Jul 11 - No Cached
  • perfect demographic storm is developing in Alberta leading to severe worker shortages for many years to come.
  • Lukaszuk, Alberta’s Minister of Employment and Immigration, said the province is already starting to see labour shortages in some sectors such as the transportation and hospitality industries.
  • “There are companies that simply can’t find workers already,” he said. “There are sectors that are already showing inability to readily find employees at competitive price. And that will only escalate as time goes on.
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  • Many of the Baby Boomer generation are retiring which will create a “massive exodus” of workers. That will create a void in not only numbers but experience in the workforce. The natural population growth is not replacing that exodus. And the retirees will force increased demand for various services from coffee to medical care.
  • Statistics Canada reported that the province’s unemployment rate dipped to 5.4 per cent for the month, down from 5.9 per cent in April. This rate was the third lowest in the country behind Saskatchewan’s 5.0 per cent and Manitoba’s 5.3 per cent. It was also down from 6.7 per cent in May 2010.
  • short-term employment forecast tool to identify potential imbalances in the labour market in the near future. Sixteen occupations were listed as having a significant likelihood of shortages in the next three years.
  • They include retail trade managers; restaurant and food service managers; mechanical engineers; petroleum engineers; computer programmers and interactive media developers; web designers and developers; general practitioners and family physicians; registered nurses; retail trade supervisors; food service supervisors; technical sales specialists, wholesale trade; hairstylists and barbers; estheticians, electrologists and related occupations; construction millwrights and individual mechanics (except textile); heavy-duty equipment mechanics; and motor vehicle body repairers.
  • In Alberta, full-time employment increased by 18,200 while part-time employment decreased by 9,600 from April to May 2011.
  • The following industries had the most employment increases in May from the previous month in the province: Construction, 8,600; Health Care and Social Assistance, 6,300; and Information, Culture and Recreation, 5,300.
  • Knightsbridge Human Capital Solutions has established an executive search Calgary-based practice in Alberta to help clients respond to the emerging talent crisis which some reports say will result in a labour shortfall of 77,000 workers over the next 10 years
  • “From a human capital perspective, this is a critical time for Alberta,” said Mark Hopkins, managing partner. “We believe that companies must effectively manage the leadership gap being created as an aging workforce retires in ever-increasing numbers. At the same time, we are seeing rapidly increasing activity levels, increased technical and commercial demands, and a significant shortage of specialist technical skills.”
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