Green Shoots of Renewal Emerge in May: Canadian Hiring Index—May 2024

Green Shoots of Renewal Emerge in May: Canadian Hiring Index—May 2024

Business and Household Indicators Canadian Economic Analysis
8 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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In May, at the national level, the Canadian Hiring Index (CHI) rose to 106.7 (2018 = 100.0).

What is the state of hiring activity across provinces, industries, and occupations? What do the latest CHI results mean for conditions in the labour market? How will the recent cut to interest rates and those expected to follow affect business confidence and hiring across the economy?

Read the online experience for a fuller analysis of the Canadian Health Index.

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