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above average, primarily because of much higher than average replacement demand. The average age
of workers in these occupations is higher than the all‐occupation average. 32
For business management positions, skills gaps are a critical issue. Across Canada, management skills
were among the seven most frequent skills shortages reported by Canadian businesses based on 2007
surveys of managers of local and provincial/territorial Chambers of Commerce and business members of
the Canadian Chamber of Commerce. 33
Provincial
Ontario Job Futures provides occupational profiles with employment projections for the period 2009 to
2013 for the following management occupations:
Financial Managers (NOC 0111)
Purchasing Managers (NOC 0113)
Insurance, Real Estate and Financial Brokerage Managers (NOC 0121)
Banking, Credit and Other Investment Managers (NOC 0122)
Retail Trade Managers (NOC 0621)
Manufacturing Managers (NOC 0911)
Administrative Officers (NOC 1221)
In most cases, the employment prospects for business management occupations will be Average
between 2009 and 2013. Two exceptions to this are Manufacturing Managers, for whom employment
potential will be Limited to 2013, and Professional Occupations in Business Services to Management, for
whom employment prospects are Good in the period from 2009 to 2013.
Regional
Where regional data are available, occupational outlooks for the Western region mirror the provincial
trends. In addition, reports from local planning boards were examined to identify other factors affecting
local labour markets:
The Elgin Middlesex Oxford Workforce Planning and Development Board reported a potential
shortfall for Senior Managers in the near to mid‐term future, with more than half the Senior
Managers in Health, Education, Social and Community Services & Membership Organizations
and in Social, Community & Correctional Services aged 45 or older. 34
32 HRSDC, Policy Research Directorate, Strategic Policy and Research Branch (2008, November). Looking‐Ahead: A 10‐Year Outlook for the
Canadian Labour Market (2008–2017). Gatineau: Author.
33 The Canadian Chamber of Commerce. (2008, November). Building a Twenty‐First Century Workforce: A Business Strategy to Overcome
Canada’s Skills Crisis. Ottawa: Author.
34 Elgin Middlesex Oxford Workforce Planning and Development Board. (2011). Local Labour Market Plan 2011. Trends, Opportunities &
Priorities (TOP) Report. London, Ontario: Author.
LKSB Degree Program Feasibility Study • 2011
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