Collection: Research Materials
The highlights of this 2003 report include:
. The “ageing” of Canada’s total workforce continues, as seen in the rising percentage of older workers. The median age of retirement, however, appears to have stabilized in recent years. Since 1997, it has remained at roughly 61, but nonetheless well below what it was a decade ago.
. The percentage of older workers in the Transportation Sector continues to be well above the average for all industry sectors.
. Over the past five years, total employment in the sector increased by about 55,000 workers. However, this employment growth is not evident among all age groups. The number of workers aged less than 45 decreased by 26,000 while workers aged 45 and over increased by 81,000 during this period.
The report concludes that effective recruitment and retention strategies are a critical component in meeting the Transportation Sector’s current and future human resource requirements