Definitions
RecessionA decline in economic growth for at least six consecutive months. A recession is shorter than a depression. |
RecruitmentThe task in a business or industry of posting job vacancies, collecting and screening applications, and arranging interviews. Often includes identifying target groups, such as post-secondary graduates and underrepresented populations (e.g., women), to which the business or industry can market its employment opportunities. |
Red SealThe nationally registered trademark symbol of the Interprovincial Standards Program, used to signify interprovincial qualification of tradespersons at the journey level. The symbol is affixed to provincial and territorial Certificates of Apprenticeship and Qualification earned by apprentices and tradespersons who have met the national standard in a Red Seal trade. With the Red Seal qualification, the holder may work anywhere in Canada without having to write further examinations. |
Regions, developmentSee Development regions. |
RegistrationThe requirement of a person to be officially approved by and listed with an overseeing organization before being able to work in a particular profession or trade. For example, teachers, plumbers and many medical professionals must be registered before they can legally work. In some professions and trades, registration must be renewed every year. |
Resource-based industriesIndustries that involve the harvesting, extraction and processing of natural resources. Resource-based industries include all of the primary, and some of the secondary, manufacturing industries. |
ResourcesMaterials, people, equipment and machinery needed to produce goods and services. |
RetirementPermanently leaving a job or career at, or near, the usual age for doing so (e.g., 65) or by choice. |
RevenueIncome, particularly for a company. |