March Labour Lowdown

March Labour Lowdown

Toronto’s unemployment rate jumped to 8.2% last month, an increase of 0.7% from January 2024. The employment rate dipped by 0.4% to 59.8% while labour force participation rates stood steady at 65.2%. Statistic Canada notes that the increase in unemployment

How to: Childcare Support for Working Parents

How to: Childcare Support for Working Parents

Common barriers that working parents encounter are limited availability at childcare centres, accessibility issues including transportation, high costs, and rigid schedules leading to long commutes. A Statistics Canada survey revealed that 42% of working parents delayed returning to work due to difficulties in finding childcare, and among those seeking childcare, over 50% faced challenges with finding care, with parents of children under one year being the most affected.

The AI Effect: Exploring the New Frontiers of Employment in Toronto

The AI Effect: Exploring the New Frontiers of Employment in Toronto

Automation’s impact on Toronto’s labor market is nuanced. Industries such as agriculture, manufacturing, and transportation, which traditionally employ a significant number of lower-skilled workers, are at a higher risk of job displacement due to AI and robotics. However, technology is also a net job creator, promising new roles that currently do not exist and altering existing jobs to work alongside AI, enhancing human labor rather than replacing it.

How to: Ripple Effects of Employee Turn Over In Tight Labour Markets

How to: Ripple Effects of Employee Turn Over In Tight Labour Markets

The study, which analyzed data from over a million employees at 1,620 retail chains over 22 months, found that layoff announcements have a strong, immediate impact. These announcements often heighten feelings of job insecurity among remaining employees, precipitating a wave of voluntary departures. This reaction underscores the need for careful communication and support strategies during such announcements.

Toronto’s Labour Market One of Few Bright Spots   

Toronto’s Labour Market One of Few Bright Spots   

Across Canada, labour market conditions weakened in November with unemployment rates increasing and layoffs on the rise compared with a year ago.  The softer job market conditions come as high interest rates weigh on economic growth and a ballooning population adds to the number of people looking for work.  Toronto bucked the national trend with our unemployment rate actually declining from 6.5% to 6.3%.  

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