Despite a rising unemployment rate, 80 per cent of Canadian employers are struggling to fill roles, according to a recent study by recruitment company ManpowerGroup
Interested in more careers-related content? Check out our new weekly Work Life newsletter. Sent every Monday afternoon.
The rising unemployment rate, however, may be deceiving, as talent surpluses are largely confined to specific corners of the economy. For most other sectors, hiring remains a challenge. For everyone else, the labour market is deceptively strong, and were it not for high interest rates and inflation, Mr. Janzen suggests the past two years would have seen a continuation of the hot postpandemic labour market. As those measures begin to cool, that may be what’s in store for 2025.
. Furthermore, 43 per cent say they are looking to grow their workforce next year – up from 41 per cent last year – and another 41 per cent intend to keep staffing levels the same in 2025.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian dollar weakness to persist into 2025, expert predictsAfter falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US. But it still remains lower than it has been since the early days of COVID, and is nearly four per cent below where it was trading in September.
Read more »
Canadian dollar weakness to persist into 2025, expert saysThe Canadian dollar will remain weak through at least the end of this year, some experts say, though a rebound could come in 2025. After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US.
Read more »
Canadian dollar weakness to persist into 2025, expert saysThe Canadian dollar will remain weak through at least the end of this year, some experts say, though a rebound could come in 2025. After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US.
Read more »
Canadian Food Prices Projected to Rise by Three to Five Percent in 2025A recent report predicts that food prices in Canada will increase by three to five percent next year. Researchers from several major universities used machine learning and AI models to project that a typical family of four will spend $16,833.67 on food in 2025, up to $801.56 from last year. This marks a continued but slowing rise since the peak inflationary period of the COVID-19 pandemic.
Read more »
8,000 visitors anticipated for the 2025 Canadian Concrete Expo in MississaugaCanada's construction news
Read more »
Canadian dollar weakness to persist into 2025, expert saysThe Canadian dollar will remain weak through at least the end of this year, some experts say, though a rebound could come in 2025. After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US.
Read more »