Hiring Momentum Eases Again in December
Canada’s hiring index edged down by 4.5 points in December, marking a second consecutive decline and signaling a modest cooling in hiring momentum. However, on a year-over-year basis, job postings were broadly unchanged, indicating stability compared with the same period last year.
In which sectors and occupational categories has hiring activity improved, and in which has it softened most dramatically? What has characterized the movements in job posting levels across regions, and how does this compare with the national average? Looking ahead, what does this bode for the unemployment rate and job gains in the coming year, and what key factors are at play?
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