Hiring Prospects Worsen in February
Hiring activity in Canada continued to soften in February, with the hiring index falling by 3.8 points, its fourth straight monthly decrease. Although seasonally adjusted job postings rose by 1.1 per cent in February, the two-month average fell for the month.
What factors are causing this persistent softening, and which sectors are feeling the largest impact? What is the picture coast to coast across Canada? In what regions are job losses heaviest, and which have seen job gains, countering the overall trend? How will lower immigration levels affect the labour force participation rate, the labour market in general, and ultimately job creation?
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