found that more than four in five employers are worried about the competitive labour market, while almost two-thirds are worried about employee productivity.
The survey found employers are concerned in particular with employees' financial stress as interest rates rise and inflation remains persistent. Despite rising interest rates and persistent inflation, the Canadian labour market was still strong in September, with the unemployment rate falling to 5.2 per cent and the economy adding 21,000 jobs.
Zanardo says almost one in five employers are introducing or improving retirement benefits this year, which she says may help with employee retention and morale.
Employers in Canada, with the exception of TJX, don’t give a shit about their employees.