Labour Market Information

One of Trucking HR Canada’s top strategic priorities is to help meet the industry’s HR challenges by providing relevant, accurate, and accessible labour market information (LMI).

What is “LMI”?

Labour market information (LMI) is actionable intelligence pertaining to the supply and demand of labour. It puts raw data into context and facilitates better decisions by employers, workers, job seekers, policymakers, educators, career practitioners, academics, students, parents, and more.

LMI at Trucking HR Canada not only includes publicly available sources, including Statistics Canada’s census and labour force surveys, but also qualitative and quantitative research directly from employers to fill in the gaps that are lacking.

Interesting Facts

Trucking and logistics keep the Canadian economy moving.

The trucking sector plays a significant economic role in national and international supply chains. The industry represents 4.5 per cent of Canada’s GDP, employs close to one million workers, and enables and supports the economic success of numerous key sectors – including forestry, construction, mining, agriculture, manufacturing, and more.

However, with more than 20,000 unfilled truck driver positions across the country, the trucking and logistics industry faces the most severe labour shortage in Canada. Trucking HR Canada’s new labour market initiative will deliver comprehensive labour market information that will support employers in managing current and future workforce challenges.

Here’s what we know so far:

  1. The industry has grown over the past few years:

    • The number of transport truck drivers employed in the Canadian economy has increased by almost 86,000 workers since 1996.
    • That’s a whopping 37 percent increase, with over 317,000 Canadian truck drivers employed in 2018.

    37%

    increase in employed truck drivers

  2. However, many companies are having difficulty recruiting and retaining a sufficient number of drivers to move goods on schedule

    • There are now more than 20,000 unfilled truck driver positions in Canada (more than double the number of unfilled positions in 2016).
    • Currently more than 7 per cent of the jobs in the truck transportation sector are vacant.

    20k +

    unfilled truck driver positions

  3. Couple that with low unemployment,

    • Unemployment rate for Canadian truck drivers decreased from 6.6 percent to 3.8 percent.
    • 34 percent lower than the average in the Canadian workforce.

    3.8%

    unemployment rate

  4. The result is that businesses are being challenged to not only meet their labour needs, but to do so in a way that ensures qualified people are filling these positions. Even given expected downturns, labour shortages will continue to persist as a result of workers exiting the industry due to retirement or obtaining work in other sectors.

    • The demographics of the current driver population are stark – truck drivers are amongst the oldest workers in the Canadian labour force.
    • Less than 18 percent of truck drivers in Canada are from the “Millennial” generation, compared to 34 percent in the overall workforce.

    Less than

    18%

    of Canadian truck drivers are Millennials

We update our LMI regularly and encourage you to subscribe to our newsletter to stay informed.

This project is funded in part by the Government of Canada’s Sectoral Initiatives Program (SIP)