CPM: Labour Report (Day 713)
Day 713, 19:04
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Published in Canada 
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by
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by Addy Lawrence
A little background on this report. Each week, I go to the labour market. I log all of the offers at that moment. I group them by discipline and by skill level. I then compare them to previous reports.
Editorial
Glad to see that people notice when I vent
That article on import taxes has been brewing in my mind for some time and I'm glad there are others out there who feel the same. I do see the merits in free trade (Timujin) and I do see the merits in case-by-case consideration (Gaius) and on the issue of import taxes for grain, oil, wood and diamonds I say let's be protectionists and win the economic war.
Shameless Plug
Please watch for my other regular CPM articles:
CPM: Money-market (Daily)
CPM: Commodity and Product Report (Weekly)
CPM: Labour Report (Weekly)
CPM: This Week in the eCanadian Economy (Weekly)
CPM: Company Profile (Weekly)
Labour
In the building trade, offers are up for the third week runing (73 v 45 v 27 v 34) and wages are down for the fourth week running ($8.87 v $10.24 v $12.87 v $14.09). Building is consistently the highest paid trade and remains so this week. The hospital projects and the boom in home construction are driving this and based on the high number of high skill offers (37 offers in 5/6/7 brackets) people are looking for high level producers and willing to pay a premium for them, chasing them all the way to 250% of their skill.
In the gathering trade, offers are way up (170 v 106 v 79 v 89) and so are wages ($7.28 v $6.93 v $6.42 v $8.21). The commodity markets are tightening up and this has caused GM's to look for the best value for their labour dollar. Offers in the 2/3/4 skill ranges come in under 190% of skill and this accounts for 77 of the job offers listed. The recent liberation of Manitoba and Nunavut has resulted in commodity companies coming into foreign ownership and this is creating job openings as well.
In the producing trade, offers are up (117 v 83 v 105 v 100) and wages are up ($6.44 v $5.49 v $6.38 v $6.45). The proliferation of gun companies and the recent assembly of eCanada will put pressure on wages in this sector, the supply of good producers will be high. Offers are consistently below 180% of skill across all skill levels in this discipline.
I've added another chart for labour, this one shows how much GM's pay for the skill level of the employee (ie $5.00 for a 2 skill worker would be $2.50 per skill or 250
By rights, this ratio should be consistent for each labour type and should only vary by the quality of the company (ie must compensate employees for the cost of food to maintain wellness).
Who's your daddy? Addy's your daddy!!!
Editorial
Glad to see that people notice when I vent
🙂
That article on import taxes has been brewing in my mind for some time and I'm glad there are others out there who feel the same. I do see the merits in free trade (Timujin) and I do see the merits in case-by-case consideration (Gaius) and on the issue of import taxes for grain, oil, wood and diamonds I say let's be protectionists and win the economic war.
Shameless Plug
Please watch for my other regular CPM articles:
CPM: Money-market (Daily)
CPM: Commodity and Product Report (Weekly)
CPM: Labour Report (Weekly)
CPM: This Week in the eCanadian Economy (Weekly)
CPM: Company Profile (Weekly)
Labour
In the building trade, offers are up for the third week runing (73 v 45 v 27 v 34) and wages are down for the fourth week running ($8.87 v $10.24 v $12.87 v $14.09). Building is consistently the highest paid trade and remains so this week. The hospital projects and the boom in home construction are driving this and based on the high number of high skill offers (37 offers in 5/6/7 brackets) people are looking for high level producers and willing to pay a premium for them, chasing them all the way to 250% of their skill.
In the gathering trade, offers are way up (170 v 106 v 79 v 89) and so are wages ($7.28 v $6.93 v $6.42 v $8.21). The commodity markets are tightening up and this has caused GM's to look for the best value for their labour dollar. Offers in the 2/3/4 skill ranges come in under 190% of skill and this accounts for 77 of the job offers listed. The recent liberation of Manitoba and Nunavut has resulted in commodity companies coming into foreign ownership and this is creating job openings as well.
In the producing trade, offers are up (117 v 83 v 105 v 100) and wages are up ($6.44 v $5.49 v $6.38 v $6.45). The proliferation of gun companies and the recent assembly of eCanada will put pressure on wages in this sector, the supply of good producers will be high. Offers are consistently below 180% of skill across all skill levels in this discipline.
I've added another chart for labour, this one shows how much GM's pay for the skill level of the employee (ie $5.00 for a 2 skill worker would be $2.50 per skill or 250
😵.
By rights, this ratio should be consistent for each labour type and should only vary by the quality of the company (ie must compensate employees for the cost of food to maintain wellness).
Who's your daddy? Addy's your daddy!!!
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Comments
Looking around the world, eCanada offers the highest wages in gold for gatherers outside of High Iron resource countries. There is just not enough labour to support the businesses PEACE started up during their occupation.
werd
It makes sense though, they wanted to plunder our mineral wealth.