Oh, you thought Canada’s labour market was good?! Sorry. | The Big Story
For a solid couple of years, as the economy recovered from the pandemic, the narrative when discussing labour in this country was that the market was “tight” or there was a “labour shortage”. Unemployment approached record lows, and companies were scrambling to hire and keep talent.
Some of that was true. But not everywhere, and it wasn’t the whole story. And also, however tight the labour market was … it isn’t anymore. Beyond the top-line unemployment number, there were always signs that workers weren’t actually benefitting all that much from how in-demand they were. So why could most of us see them?
Credit to : CityNews