Driver Shortage A Threat To Economic Recovery: THRC

May 27, 2022 - 3 years ago

Trucking HR Canada (THRC) has released the latest industry Labour Market Information (LMI) snapshot examining the ongoing labour market challenges faced by the trucking and logistics sector that continue to threaten Canada’s economic recovery. Produced quarterly, this snapshot provides timely and relevant information to the trucking and logistics sector allowing for informed workforce planning.

Driver Shortage A Threat To Economic Recovery: THRC — *Kagan Bastimar/Pexels*

“Trends identified through Trucking HR Canada’s labour market research provide unique insights for our sector to use when workforce planning”, says Craig Faucette, Chief Program Officer, Trucking HR Canada. “The highlighted ongoing challenges showcase the necessity to address underlying issues leading to our sector’s labour shortages, which are significantly impacting Canada’s economic recovery.”

Key Findings:

The largest decrease in truck driver employment was experienced in the wholesale and retail trade sectors – down by 15% and 23% respectively from Q4 2021, which further supports the seasonal explanation. Employment among drivers working in the manufacturing sector also decreased by 13%.
While total driver employment in the first quarter of 2022 was 290,900, down 8% from the last quarter of 2021, it is likely that this decrease in employment is mostly seasonal.
The total number of vacant driver jobs in the last quarter of 2021 was 22,155. While driver vacancies have decreased slightly – down 835 positions from Q3 2021 – the total number remains at record high levels.

Source: OTA