SOWK 3100 Lecture Notes - Lecture 4: Jane Philpott, Wage Share, Family Caregivers

• School: Carleton University
• Department: Social Work
• Course: SOWK 3100
• Professor: Melissa Redmond

Document Summary

Global labour market trends: decline in the employment-to-population rate welfare system, liberals to scrap policy that rejects sick, disabled immigrants. International migration remittances: an aging population will dramatically reduce the share of the working age, declining wage share and growing wage inequality. Age and work population: the ratio of people working aged 65+ has decreased over time, the majority of people in the work force are aged 25-54, reduced labour market participation, combined with slower growth in the. 15+ population, is expected to reduce future labour supply growth: slower labour supply growth may exacerbate labour shortages. The perfect storm: demographic shifts of older workers, changing expectations for family caregivers, prevalence and economic burden of chronic disease, economic factors. Policy implications of an aging population and labour market. Increase most likely in health sector rising demand for health services with poorer regions struggling to compete for skilled workers (nova scotia,