Data shows there was no Aha Moment for the tired and weary workforce — for the most part
A worker welds a steel girder at the International Hi-Tech Industries facility in Delta, British Columbia.Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.
“The recovery in Canada’s participation rate contrasts with the ‘Great Resignation’ in the United States,” StatsCan said. The industry re-employment rate—the proportion of the unemployed returning to work within 12 months who found work in the same industry as their last job—was 68.8 per cent in October, which was similar to the rates observed pre-COVID-19, StatsCan said.
Job vacancies stood at 156,800 in the accommodation and food services industry, in August, compared with 76,600 in the third quarter of 2019.Scotiabank economist Derek Holt says Canada has now seen four consecutive months of wage gains of between 6.5-8.1 per cent range on a month-over-month seasonally adjusted and annualized basis.
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