The city released a multi-year forecast of Calgary's labour market. Here's what it found

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Downtown Calgary and the Bow River are seen from the air on Wednesday, May 31, 2023.

Hiring challenges are expected to ease in Calgary over the next couple of years, but some sectors — including construction, retail, education and hospitality — could face labour shortages for the next decade. Calgary's labour market is expected to cool over the next couple of years before staffing challenges are projected to re-emerge in the next budget cycle — but labour shortages in certain sectors could persist for the next decade.

According to the report, Calgary's aging population mixed with a post-pandemic surge in demand for workers led to a tighter labour market in recent years. But record numbers of people moving to Alberta started to cool the market last year, a trend that is expected to last until about 2026. The report said construction, retail, education, and hospitality come out on top of long-term labour shortages.

Janet Lane is the director of skills, innovation and productivity at the Canada West Foundation, a public policy think tank based in Calgary. Advocating for immigration policies to target workers of the right age, who are equipped with the right skills.

 

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