Labour Market

• Bank of Canada hopes job growth will ‘pick up’ amid rate cuts: Macklem

  Bank of Canada governor Tiff Macklem says the health of the labour market is one consideration feeding into the central bank's interest rate decisions.

  Economy

  Sep 10
  
• Can Canada’s labour force rebound after baby boomers retire?

  The study shows the labour force participation rate will likely continue to decline until 2030, when the last baby boomer cohort retires, then is likely to stabilize.

  Canada

  Aug 7
  
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• Job seekers could soon face an ’employer’s market’ as unemployment rate rises

  Canada's unemployment rate ticked back up to 5.8 per cent in February as population growth continues to outpace job creation in the country.

  Economy

  Mar 8
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• Holiday job postings down 30% amid cooling labour market: Indeed

  Canadian postings for seasonal holiday jobs are down 30 per cent from a year ago so far, according to Indeed, amid a softening economy and cooling labour market.

  Canada

  Nov 9, 2023
• Canada’s job market is ‘softening’. What that could mean for interest rates

  Canada's unemployment rate rose to 5.7 per cent in October despite a gain of 18,000 jobs. Economists say it's a sign of 'softening' in the labour market.

  Canada

  Nov 3, 2023
• Millennials set to face most economic pain in months ahead, RBC says. Here’s why

  Millennials who are saddled with debt such as costly mortgages might well bear the brunt of higher interest rates in the months to come, a new RBC report argues.

  Money

  Aug 23, 2023
• ‘The hard work begins.’ Economists expecting rise in inflation rate

  Both BMO and CIBC expect inflation to come in at 3.1 per cent in July, mainly due to gas prices. But there's debate over whether the Bank of Canada will raise interest rates.

  Canada

  Aug 13, 2023
• Canada needs more immigrants to counter aging population, report says

  The federal government is eyeing higher annual immigration targets, which would see the country welcome 500,000 immigrants per year by 2025.

  Canada

  Jul 17, 2023
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• Canada’s labour market is showing signs of slowing. Will it help bring inflation down?

  'If wage growth is going to cool, then we better see inflation come down even faster,' said a senior economist with job site Indeed.

  Economy

  Jul 5, 2023
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• As Canada attracts temporary foreign workers, calls grow for more immigration paths

  As hotel and restaurant owners increasingly turn to temporary foreign workers to fill labour gaps, there are growing calls to give those workers more paths to permanent residency.

  Canada

  Jun 16, 2023