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Labour Market adjustment services refers to the stakeholder interests of:
Supply side training such as anticipated shortages for particular trades
Skill mismatches
Those who have difficulty entering or reentering the workforce
Those who have suffered a job loss
Adjustment Services is a measure used by the Department to encourage, support and facilitate human resource management and labour market adjustments, which are in the public interest. Adjustment Services provides funding to various groups in an effort to improve their capacity for dealing with human resource requirements and to implement labour force adjustments. Adjustment Services addresses labour market issues through partnerships.
Labour market issues are generally characterized by an imbalance between the supply and demand sides of the labour market. The two biggest indicators of a labour market issue in a community, region or province, are unfilled jobs and high unemployment. Labour market issues result from such situations as:
- Company difficulties resulting in jobs being threatened; - Industry downsizing; - Industry upsizing, new development, relocation; - Impact of new technologies; - Labour shortages; - Shortage of year round opportunities; and - Lack of community and organizational capacity for human resource management.
For further information on this program and the application process, please contact your local Employment office in your area, listed on the Contacts tab above.
By: Barka Mirza ProfileResourcesReport error
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