Skills Training & Education
Human capital is one of the most comprehensive files on the Council’s agenda. Primary education, industry training, the university system, immigrant integration and other human-capital issues are all crucial to BC’s economic development. As BC’s economy becomes increasingly dominated by skill-demanding industries, governments and businesses have a growing responsibility to help enhance the talents of British Columbians.
Finlayson & Peacock Op-Ed: Changes to employment law would upset labour market balance (Business in Vancouver)
The BC NDP government’s activist policy agenda continues to keep the B.C. business community on its toes. The latest example is the government’s plan to overhaul the Employment Standards Act (ESA). While the ESA is a relatively low-profile statute, it has significant implications for employers. Among other things, it defines the basic rules governing hours of work, overtime, vacation entitlements and employee terminations for most non-union workplaces in the province.
Release: Opportunities for all Canadians depend on sustained economic growth
While the Business Council of British Columbia applauds Minister Morneau and the federal government for a number of new initiatives announced in today’s budget, Canada continues to face fundamental challenges to its prosperity and competitiveness that require greater attention.
Peterson & Finlayson Op-Ed: Innovation leading to productivity can dramatically improve our standard of living (The Province)
Worker wages depend in large part on the levels of productivity achieved by companies. Many factors determine how productive businesses are, including firm size — productivity generally increases as companies grow — management strategy, workforce skills and the tools, technologies and equipment available to employees.
The gender gap 2018
The World Economic Forum's Global Gender Gap Report 2018 points to the potential for a widening gender gap in some areas.
Canadian living standards are slipping relative to peer nations: Time for action on productivity
Canadian real GDP per person – a key measure of living standards for the average citizen – has been slipping compared to peer nations over time.
An update on B.C.'s fastest growing industries: A diverse group...but resources still prominent
A look at B.C.’s 30 fastest growing industries through the half decade ending in 2017
Finlayson Op-Ed: Are robots coming for your job? (Troy Media)
Will robots soon be replacing humans across broad swaths of the labour market?
Judging by headlines touting driverless cars, machine learning and the rapidly-growing digital economy, one is tempted to answer “Yes.”
No one can doubt the sweeping effects of new technologies. Historically, tens of millions of jobs have been eliminated by successive waves of technology-enabled innovation in industries ranging from agriculture, transportation and manufacturing, to electricity and information and telecommunications services.
A similar process is underway today, fuelled by advances in artificial intelligence (AI), data science, and digital tools and platforms.
RESEARCH PAPER: The automation potential of the B.C. labour market
A research paper prepared by David Williams, Vice President of Policy, that takes a close look at the potential impact of automation on the B.C. labour market. This is the first study that considers how AI, robotics and other digital technologies may affect the demand for labour in the B.C. context.
The automation potential of the B.C. labour market: some insights
How will the BC labour market be impacted by automation? B.C. has a greater share of highly-automatable jobs compared to the rest of Canada.
Guest Author: Breaking the cycle of poverty through education, partnership:
How the federal government’s new poverty reduction strategy calls upon British Columbians to act
Providing youth with quality education is critical to the federal poverty reduction strategy.
Finlayson Op-Ed: B.C. doesn’t have enough workers to meet industries’ demand (Black Press)
For those interested in the hottest job trends, the provincial government’s new Labour Market Outlook is worth a look.
Over the next decade, the government is forecasting a total of 903,000 job openings in B.C. More than 600,000 will result from current workers transitioning into retirement.
Many of these positions can be filled by younger cohorts of workers, but that won’t be enough to produce warm bodies for all of the expected vacancies.
Finlayson & St-Laurent Op-Ed: Jobs and careers in the ‘fourth industrial revolution’ (Troy Media)
The work world is being transformed by rapidly evolving digital technologies as we march into what many are calling the “fourth industrial revolution.”
With disruptive technologies pushing the frontiers of automation, some of the comparative advantages humans traditionally have enjoyed relative to technology are eroding. Computers and learning-based algorithms have progressed beyond replacing repetitive, manual tasks with mechanical execution.
How will Digitalization Affect the Labour Market?
The challenge facing policy-makers – in British Columbia, Canada and globally – is how to maximise the productivity gains of technological progress through digitalization, while taking steps to mitigate its intrinsically-skewed distribution of benefits.
Finlayson & St-Laurent Op-Ed: Young, educated Indigenous talent is ready (Troy Media)
B.C.’s Indigenous population is relatively young, with an average age of 33 compared to 42 for the non-Indigenous population. Even better, a growing proportion of Indigenous have some form of post-secondary education: a degree, a college credential or a trades certificate.
Finlayson & St-Laurent: Jobs in Demand: B.C.’s Labour Market Outlook to 2027 (PeopleTalk)
If you’re on the lookout for the hottest job trends, WorkBC – an agency of the provincial government -- recently released an updated Labour Market Outlook through to 2027. Over the next decade, the government anticipates 917,000 job openings. Roughly 70 per cent will result from current workers transitioning into retirement. Many of these positions can be filled by younger cohorts of workers, but that won’t be enough to staff all of the vacancies expected to emerge. The other 30 per cent of job openings will arise due to ongoing economic and industrial growth. To fill these positions, the supply of workers will have to be expanded, through immigration, attracting people from other provinces, and tapping into underutilized labour pools.
Show Me the Money! Earnings by Field of Study and Education Level
As students contemplate their field of study - one consideration might be potential future earnings.
Women and Work: An analysis of the changing B.C. labour market
An analysis of the progress made advancing women in the workforce and areas where there is more to do to enable the full participation of women, particularly in light of shifting demographics and labour markets.
Six Propositions About Digitalization and the Labour Market
How will digitalization of the economy impact the labour market?
Bridging Classroom and Career
The world of work is very different today than it was a few decades ago. Traditional clear-cut pathways to well-paying, full-time jobs increasingly are giving way to less linear career trajectories as employers look for a different mix of skills, experience and formal qualifications.
Release: #IWD2018 Women and Work in BC Blog Series
In honour of International Women’s Day, the Business Council of B.C. (BCBC) is releasing a series of blogs examining the place of British Columbian women in the workplace. The series offers a preview of a BCBC report on women and work in BC over the last four decades, to be released later this spring.