Found 2 blog entries tagged as jobs.

Canadian employers are struggling to find labor but this isn’t just reopening pains. Statistics Canada (Stat Can) data shows over one million vacant jobs in September. The common take is, this hiring boom is reopening pains as the economy grows. Further analysis of the same data set shows that might not be the case last month. Rising vacancies were met by a drop in people on payrolls, with little net change to employment. In the most recent month of data, people were just leaving the workforce faster than others could be hired.

Employers Need To Fill Over 1 Million Jobs

Canadian job vacancies have been soaring over the past few months. There were 1,014,560 vacant jobs in September, an increase of 16.4% from a month before. That’s roughly 143,560…

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Canada’s unemployment fell and things sound a lot better, but it might not be what it seems. Statistics Canada (Stat Can) data shows the unadjusted unemployment rate fell in October. A deeper dive shows a drop in full-time employment was made up by a rise in part-time employment. Also, the drop in unemployed people? It was nearly the size of the number of people who dropped out of the workforce.

Canada’s Unemployment Rate Fell To 6% Last Month

The Canadian unemployment rate fell to pre-pandemic levels showing recovery is near. It might not look (or feel) the same as it was before the pandemic though. The unemployment rate fell to 6.0% in October, down from 6.3% the previous month. It was the lowest rate since February 2020, the last full month…

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