Labour Market Tightness Continues to Ease: Canadian Hiring Index—January 2024

Labour Market Tightness Continues to Ease: Canadian Hiring Index—January 2024

Canadian
10 min read

Author: Liam Daly

$335.00

The monthly Canadian Hiring Index tracks changes in the volume of online job postings across provinces and cities, industries, and occupations over time. It also includes a new measure of labour market tightness. Job postings data are powered by Vicinity Jobs.

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Firms are having less of an issue finding workers now than at any point in the last two years. Our indexes provides insight into changes in hiring activity across the economy. As labour demand and supply pressures reset, wage growth will increasingly face downward pressure, which will help the Bank of Canada in its fight against inflation.

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