HRM 3430 Chapter Notes - Chapter 3: Labour Candidates And Parties In Canada, Visible Minority, Millennials

• School: York University
• Department: Human Resources Management
• Course: HRM 3430
• Professor: Althea Gordon

Document Summary

A decrease and reduction in the canadian labour market will have a direct impact and influence as well as affect the growth of the labour market. As a result, majority of growth of the labour market will come from immigrants. When organizations or businesses need the right suitable candidates as employees due to job requirements and cannot find people who are qualified for the job and meet the minimum requirements, outsourcing is greatly needed. Due to this fact, there will be an increase in visible minority employees. This will have a direct impact on human resources management practices, policies as well as programs in order to accommodate employees. Due to organizations or businesses choosing outsourcing there will be a rise in the population of visible minority employees. Partly, the increase and rise of the population of visible minority employees is due to the baby boomers choosing retirement later in later due to financial reasons.