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HAYS GLOBAL SKILLS INDEX

GSI 2016 report graphicGlobal Landscape:
A Complex Puzzle


The Hays Global Skills Index is designed to assess the degree to which employers will have difficulty recruiting skilled labour across 30 countries.

About the Index

There are seven components that contribute to the Index score for each country, which focusing on a different aspect of how easy or difficult it will be for employers to recruit skilled labour. The indicators range from Education Flexibility, to Labour Market Flexibility, Talent Mismatch to Wage Pressures in high-skill industries and occupations. The Index ranges from 0 to 10.0 where a score of 5.0 indicates a generally balanced picture for labour markets.
 

How does Canada rank?

Key Finding

In 2016 (fifth edition) the overall Index score for Canada declined, suggesting the labour market is experiencing less pressure. This reflected lower wage pressures, with declines recorded in both overall and occupational wage pressure. The Bank of Canada’s Business Outlook Survey shows the incidence of labour shortages remains low.

GSI 2016 Canada Score graphic

Downward pressure from: Upward pressure from:
  • Overall wage pressure
  • Wage pressure in high-skill industries
  • Wage pressure in high-skill occupations
  • Labour market participation, ages 15-24
  • Structural unemployment
  • Education levels

 

 

 

 

 

      

 

 

 

Watch webinar for 2015 findings: