Employers say factors including a lack of qualified candidates are making it difficult to fill roles in the current labour market. Read on.
“From an employer perspective, they are not finding the talent they need,” he said. “Our foundational thesis is that’s because the hiring process itself is inefficient and broken.”in May, Statistics Canada said on June 9. The unemployment rate ticked up 0.2 percentage points, putting the rate above five per cent since December.
“The question is now: Is this a one-off or the start of a trend?” he said in a note on June 9, addingThis advertisement has not loaded yet, but your article continues below.Mukherjee said despite the macroeconomic headwinds, there is still a “tremendous” need to hire in “many” sectors, but companies using digital tools to find candidates often find the online matchmaking between job seeker and employer isn’t as effective as they need it to be.
Indeed launched a new payment model in Canada at the beginning of this year that allows a small-to-medium-sized client to pay to receive successful applications rather than opting to pay for job-posting clicks on the hiring platform site. , a more lagging indicator than the Labour Force Survey, shows the number of unfilled positions dropped 3.8 per cent in the first quarter this year to 843,200, according to Statistics Canada data on June 20.Article content
It was the third consecutive quarter in which vacancies declined from a record high of 984,600 in the second quarter of 2022, just after the central bank started tightening monetary policy.
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