Under Pressure: Tight Labour Markets Are Driving Major Change

The Conference Board of Canada, 11 pages, June 7, 2022
Issue Briefing
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This issue briefing looks at how the COVID-19 pandemic has changed Canada’s labour markets and what employers need to do in response.

Document Highlights

Over the past two years, Canada’s labour market has gone from historic weakness at the beginning of the pandemic to epic highs. This has significant implications. Some highlights:

  • Labour markets in Canada are the tightest they have been in decades.
  • Employers are responding by changing hiring requirements, with fewer asking for formal educational credentials and experience, and more asking for specific skills and abilities.
  • The labour markets are tightest among the sectors where remote work has been most prevalent. This is expected to lead to a “new normal” in attitudes about remote work among employers.
  • The mix of employment in Canada has permanently changed. Some sectors have become permanently larger, while others will see only a gradual recovery in employment—if one occurs at all.

Table of Contents

Key Findings
Overview
Hiring Practices Are Changing
Remote Work Is Being Normalized
Employment Mix in Canada Has Permanently Changed
Implications

COVID-19: Get all the insights

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No charge, funded by The Conference Board of Canada and/or the research sponsor

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