Toronto’s Labour Market Brightens on Good Economic News After months of a sluggish job market in Toronto and across the rest of the country, September’s labour market exceeded economists’ expectations, with the economy adding more than twice as many jobs
What to Address: Anticipated Problems of the Future in Job Markets and Employment
This guide aims to help employers anticipate and address potential challenges in the labour market. It focuses on understanding and meeting the evolving needs of employees, aligning with market demands, and fostering a purpose-driven workplace. 1. Re-evaluating and Personalizing Employee
March Labour Lowdown
Across Canada, labour market conditions largely held with the employment numbers holding steady along with unemployment rates. Unfortunately, the Toronto labour market did not fare as well as the rest of Canada. The unemployment rate in Toronto increased 1.7 percentage points to reach 7.5% in March.
How to: Approach Filling Hot Jobs in Innovative Ways
By adopting these 10 strategies, employers can not only fill vacancies more effectively but also build a more diverse and dynamic workforce.
February 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
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.
Explore the Exciting Career Opportunities in the Self Storage Industry
The self-storage industry in Ontario specifically has experienced significant growth over the past few years. In 2023, the Municipal Property Assessment Corporation (MPAC) found that there were 37.3 million square feet of self-storage in Ontario, which grew by 9% in the last three years with 4.2 million square feet added.
Beyond the Buzz: Reflecting on the Great Resignation that Wasn’t
People have an innate compulsion to categorize, to make sense of chaos and confusion, and to right their place in the world. Labels give us a sense of order and often provide the media with a simple way of describing what is going on – whether in pop culture, politics or even our complicated labour markets.