Plenty of Unfilled Jobs in Solid October Jobs Report
Low Labour Force Participation Trend the Concern
TORONTO, ONTARIO - (Marketwired - Nov. 7, 2014) - Bob Funk, CEO of Express Employment Professionals, today issued the following statement on today's Statistic Canada Labour Force Survey which showed the Canadian economy added 43,000 jobs in October pushing the unemployment rate down to 6.5%, the lowest since November 2008. The labour force participation rate remained unchanged at 66%:
"The October job numbers are encouraging, and the good news is there is still plenty of room to grow. There are a lot of good jobs out there, and we need to continue to encourage people to go out and seize the opportunity," Funk said. "Our staffing franchisees across the country try to fill thousands of jobs everyday, but many of them remain unfilled. The issue going forward is not, 'Are there jobs?' The issue is, 'How do we encourage people to get back to work?' Month after month the trend line is clear: we need to watch the low labour force participation."
If you would like to arrange for an interview with Bob Funk to discuss this topic, please contact Kellie Major at (613) 222-7488 firstname.lastname@example.org.
About Robert A. Funk
Robert A. "Bob" Funk is chairman and chief executive officer of Express Employment Professionals. Headquartered in Oklahoma City, the international staffing company has more than 700 franchises in Canada, the U.S. and South Africa. Under his leadership, Express has put more than five million people to work worldwide. Funk served as the Chairman of the Federal Reserve Bank of Kansas City and was also the Chairman of the Conference of Chairmen of the Federal Reserve.
About Express Employment Professionals and Express in Canada
Express Employment Professionals puts people to work. It generated more than $2.5 billion in sales and employed nearly 400,000 people in 2013. Express ranks as the largest franchised staffing company in the United States and the second largest privately held staffing company in North America. Its long-term goal is to put a million people to work annually.
Express launched in Canada in July 1996, with a franchise in London, Ontario, and since then, has expanded and grown in Canada significantly. There are currently 35 Express franchises in Canada - six in British Columbia, six in Alberta and 23 in Ontario.
SOURCE Express Employment Professionals