Beyond Forecasting Skills Supply—May 2025

Beyond Forecasting Skills Supply—May 2025

Canadian Economic Analysis
5 min read

Author: Brittany Feor, Jahm Mae Guinto

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Traditional economic modelling ignores the skills workers accumulate over their lifetimes, but people don’t forget their skills when they change jobs. This work introduces a new model for forecasting how skills are gained, maintained, and lost.

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You Are Not Your Job: You Are a Bundle of Skills

This research looks at a better way of forecasting the skills that are available in a labour market. Economic modelling has traditionally ignored the collection of skills that workers accumulate. But what if our models could remember the skills workers used to use?

Did you forget the skills you used at a previous job, or did you carry them with you into your next? How is supply of skills currently measured? Is there a better way?

We share our exciting new approach for forecasting Canada’s skills supply.

Cette publication est disponible en français.

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