Help Wanted: Retirements and the Energy Transition Lead to Job Openings in the Power Industry

Credit to Author: Aaron Larson| Date: Wed, 08 Mar 2023 21:01:08 +0000

PSEG-workers

It seems like industry insiders have been lamenting the aging power workforce for decades. Yet, there is still a large percentage of workers in the current workforce that are retirement eligible—some studies suggest the percentage is as high as 40%. Meanwhile, the energy transition has created a large number of new jobs building and operating […]

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Why do people leave their jobs in Canada?

Credit to Author: Asheesh Moosapeta| Date: Thu, 02 Mar 2023 13:00:44 +0000

A new study by Statistics Canada reveals that workers in Canada overwhelmingly leave their jobs for reasons other than being laid off, or unsatisfied with their employment. Learn more about Canadian immigration and discover your options Some of the most common reasons for leaving a job included going back to school, retiring, having an illness […]

The post Why do people leave their jobs in Canada? first appeared on CIC News.

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Retirement planning past 40

Credit to Author: Staff Writer| Date: Sat, 25 Feb 2023 13:17:32 +0000

You want to build a prosperous and secure future for your family. That’s probably why you chose to immigrate to Canada, a country full of opportunities and benefits, including the Canada Pension Plan (CPP). But a late start to your career in Canada can make it harder to save for retirement. Meet Loreto, an immigrant […]

The post Retirement planning past 40 first appeared on Canadian Immigrant.

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Saving for your retirement with the CPP

Credit to Author: Staff Writer| Date: Tue, 08 Nov 2022 15:25:19 +0000

Sponsored Content When you look at your paycheque every month, you may notice a line item for the Canada Pension Plan (CPP) and wonder what that deduction is all about. Both employees and employers pay into the CPP and the funds are used to provide a basis on which Canadians can build retirement security. If […]

The post Saving for your retirement with the CPP first appeared on Canadian Immigrant.

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Unemployment rate among immigrants is the lowest of any August on record

Credit to Author: Asheesh Moosapeta| Date: Sun, 11 Sep 2022 12:00:09 +0000

Statistics Canada has released its Labour Force Survey (LFS) for the month of August 2022. For the first time since data became available in 2015, there were fewer unemployed people (989,000) than job vacancies (1,038,000) in Canada. This is a huge revelation for job seekers, with over a third (38%) of businesses expecting that recruitment […]

The post Unemployment rate among immigrants is the lowest of any August on record first appeared on CIC News.

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Southern CEO Fanning Set to Step Down

Credit to Author: Darrell Proctor| Date: Fri, 29 Jul 2022 22:24:31 +0000

Longtime Southern Co. CEO Tom Fanning plans to announce his retirement, perhaps by the end of this year, stepping down after leading the company since 2010. A Bloomberg report on July 29, citing “people familiar with the matter,” said the U.S. utility giant already has launched a search to find Fanning’s replacement. Bloomberg reported that […]

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Addressing the Challenges Presented by a Retiring Utility Workforce

Credit to Author: Gary McAuliffe| Date: Wed, 22 Jun 2022 13:52:36 +0000

POWER magazine has always held a special place in my heart. After my father left the Navy, he became a power engineer and a loyal subscriber to the magazine. As a kid, I remember stacks of the publication all over the house. At the high point my father had hundreds of issues amassed over decades. […]

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Palisades Nuclear Power Plant Closes After 50 Years of Operation, Employees Leave with Pride

Credit to Author: Aaron Larson| Date: Thu, 26 May 2022 17:34:39 +0000

Palisades-nuclear-power-plant-control-room

After more than 50 years of operation, the Palisades nuclear power plant was taken offline for the final time on May 20. The station was scheduled to be permanently shut down on May 31, but plant operators “made the conservative decision to shut down the plant early due to the performance of a control rod […]

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Tri-State Moves to Retire Rifle Combined Cycle Power Plant

Credit to Author: Aaron Larson| Date: Thu, 07 Apr 2022 17:10:29 +0000

Tri-State Generation and Transmission Association, a wholesale power supply cooperative with 45 members in four states—Colorado, Nebraska, New Mexico, and Wyoming—announced its intentions to retire the Rifle Station, an 85-MW combined cycle facility in Rifle, Colorado. The announcement was made on April 5 in conjunction with a filing with the Colorado Public Utilities Commission (CPUC). […]

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