​Canadian Engineering Shortages According to a New Engineers Canada Labour Market Projection Report,there

question 22

Multiple Choice

​Canadian Engineering Shortages
According to a new Engineers Canada labour market projection report,there are currently labour shortages in a number of engineering occupations,particularly civil,mechanical,electrical,and electronic engineers,as well as a shortage of computer engineers at both the provincial and national levels.Occupation data sourced from the Canadian National Household Survey and the Canadian Labour Force Survey indicate that engineering occupations' employment and wages are increasing faster than in other occupations.Unemployment is very low,less than one percent for many engineering occupations,relative to historical data and to other occupation data.Replacement demand for engineers will be particularly relevant over the next decade as the baby boom generation retires.Economic activity is generating a stronger demand for engineers in Western Canada than in Eastern Canada.
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Out of the fourteen different engineering occupations,the forecast for civil engineers is particularly high.It is projected that there will be an average of 2 500 job openings for civil engineers annually over the next five years.Growth in industries that employ civil engineers will generate about 1 000 of these openings each year.Another 1 500 of these job openings will be related to the replacement of retiring workers,given the high average age of 48 years old for civil engineers.
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What human resource technique is being used to gather the data for the Engineers Canada labour market projection report?

• A) human resource occupational planning
• B) human resource Markov analysis
• C) human resource audits
• D) human resource forecasting

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Definitions:

Open-Economy Macroeconomic Model

A model that analyzes an economy that engages in international trade, considering the impact of exports, imports, and capital flows.

Tariffs

Tariffs are taxes imposed by a government on imported goods and services to protect domestic industries, raise revenue, or influence trade balance.

Net Exports

The value of a country's exports minus the value of its imports, a key component in calculating a nation's GDP.

Government Budget Deficit

A financial situation where a government's expenditures exceed its revenues over a specified period, leading to borrowing or debt accumulation.