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Many businesses in Greater Victoria say they're having trouble attracting and retaining workers because of a lack of affordable housing.

According to Chemistry Consulting, in a new survey involving 250 businesses in the capital region, 78 per cent of respondents reported having trouble recruiting for entry-level positions, 42 per cent said it was difficult to hire middle managers and 24 per cent indicated senior management positions were challenging to fill.

The main reason, according to respondents, was the cost and availability of housing.

August 16, 2017 by admin

A lack of affordable housing is hampering Victoria’s economic growth because companies are struggling to attract and retain workers, a new study has found.

The study on employee recruitment was commissioned by the Victoria Innovation, Advanced Technology and Entrepreneurship Council, Tourism Victoria, Vancouver Island Construction Association and the region’s chambers of commerce. It said 60 per cent of the businesses surveyed cited lack of housing as the top reason they have trouble recruiting talent.

August 16, 2017 by admin

While the tourism industry continues to show strength, labour shortages and short-term rentals are having a dampening effect on some of its operators, according to hospitality industry consultants Chemistry Consulting.

Frank Bourree, Chemistry principal, said that while the industry continues to see increased traffic and visitation to the region, hotel occupancy has been down the last two months and some restaurants and hotels have struggled to find staff.

August 3, 2017 by admin


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