Jobs Market
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July jobs report ‘does nothing to dissuade’ more rate cuts: economistsEconomists reacting to July's job figures say there's little in the labour force data to dissuade the Bank of Canada from further cuts to the benchmark interest rate.EconomyAug 9, 2024
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Newcomers, youth hit hardest as job market cools: Bank of Canada’s MacklemTiff Macklem pointed out that while overall labour force cooling has been 'reasonably smooth' in aggregate, the data can mask worrying trends for some groups in the jobs market.EconomyJun 24, 2024
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‘I don’t take days off’: Small business owners face brutal hours in talent crunchCanadian small business owners faced with a persistent labour shortage are working an average of 59 hours per week, a recent report finds.CanadaApr 27, 2023
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Could robots take your job? How automation is changing the future of workAutomation is increasingly looking like a viable alternative in some fields amid a tight labour market. But what jobs could benefit from a robotic hand, and which are at risk?EconomyAug 5, 2022
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Canada shed jobs for 2nd straight month in July, unemployment rate unchangedCanada's unemployment rate held steady at 4.9 per cent in July, as the country shed some 31,000 jobs in the month, according to Statistics Canada.EconomyAug 5, 2022
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Canada needs new homes built, but construction industry headed for retirement wallThousands of workers in Canada's construction industry are primed to age out of the job in the next two years without a clear source for new talent to replace retirees.EconomyMay 6, 2022
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Liberals ease rules for hiring foreign workers amid labour crunchThe feds announced changes Monday that will allow employers to hire foreign workers for more low-wage jobs, and in areas where the unemployment rate remains high.EconomyApr 4, 2022
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