Added: Amaris Harpe - Date: 24.12.2021 00:54 - Views: 34358 - Clicks: 8698
Want to discuss? Please read our Commenting Policy first. And the prize for job switchers is often double-digit pay increases. : There are plenty of jobs out there. In a typical jobs market, a company would often have three top candidates to choose from to fill a position.
Right now, though, the tables have turned. : Canadian economy added 90K jobs in August, marking third month of gains. The economy added another 90, jobs in August, bringing overall employment within , jobs, or 0. Data from Statistics Canada shows that the average hourly wage offered for new job openings in the period between October and March was up by seven per cent compared to the average for all of , according to an analysis of the latest available s by Pedro Antunes, chief economist of the Conference Board of Canada.
And Statistics Canada has yet to publish data reflecting what companies were willing to pay new hires in the spring and summer when labour shortages across Canada worsened across much of the country. In June, Canada had more than , job vacancies , up a mind-boggling 22 per cent from May. Back then, he remembers, the labour market recovery had been gradual. Different companies and different industries started ramping up hiring at different times, he says.
The shortages are widespread across regions and economic sectors. Geographically, Quebec and British Columbia are experiencing the most severe job crunch, a recent analysis by RBC shows. In terms of industries, most of the unfilled positions are in food services, health care and the retail industry, according to the report. And tech workers, who were already in short supply before the pandemic, are in even greater demand now, according to research by KPMG.
In a recent survey of more than small and medium-sized businesses, the consultancy found that more than two-thirds 68 per cent of respondents were struggling to hire candidates with the right skills, with the shortage particularly acute when it comes to finding new employees with IT skills. Countless companies across industries were forced to move more of their business online amid the pandemic, but employers are scrambling to find the manpower to fuel that digital growth, Armughan Ahmad, managing partner and president of KPMG Digital in Canada, ly told Global News.
That includes entry-level positions, he adds. The pandemic prompted a of older workers to pull the trigger on retirement, he says. Retiring baby boomers have exacerbated shortages in the health care sector, Antunes ly told Global News. And older pilots exiting the workforce have become a headache for the airline industry, Global News ly reported.
The projected salary increase for employers surveyed by the Conference Board of Canada is just 1. World Canada Local. Why looking for a new job now could be a big payoff. Full Menu Search Menu. Close Local your local region National. Search Submit search Quick Search. Comments Close comments menu. Video link. Close X. Click to scroll back to top of the Back to top. By Erica Alini Global News. Posted September 10, am. Updated September 15, pm. Smaller font Descrease article font size - A. Share this item on Facebook facebook Share this item via WhatsApp whatsapp Share this item on Twitter twitter Send this to someone via Share this item on Pinterest pinterest Share this item on LinkedIn linkedin Share this item on Reddit reddit Copy article link Copy link.
Story continues below advertisement. Cross-country hiring spree creating 'mayhem'. Could big paycheques for new hires push up wages for everyone? Leave a comment Comments. Sponsored content. Flyers More weekly flyers. Report an Error.Looking for now like right
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