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Using labour indicators for better HR: FCC Food & Beverage Economics

Reference: FCC

Labour is at the forefront of economic issues of importance to Canadian food and beverage manufacturers. The Canadian population is ageing, and the challenges to recruit skilled and qualified workers in almost all economic sectors have only intensified.

In this video, J.P. Gervais, FCC Chief Economist, reviews useful labour market indicators to help Canadian food & beverage businesses design hiring and retention strategies.

What you’ll learn:   

  • How the unemployment rate is used to labour market trends 
  • How the potential size of the labour force matters in explaining trends 
  • How job vacancy rates indicate labour market strength  

Looking for more economic insights and expertise? Find tools and resources to help you manage your food and beverage business at FCC Knowledge.