What Canada’s hot labour market means for job hunters, recruiters

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The hot labour market is driving up wages and creating a hiring squeeze for Canadian businesses. Here’s what it means for both job hunters and recruiters

Canada’s jobless rate has tumbled below pre-pandemic levels, creating a candidate-driven market where job postings abound but workers are hard to find.

“Now it’s scorching. If you’re considering going for that promotion or asking for that raise, now is a good time.”A low jobless rate gives workers more options and more power to negotiate wages and benefits. Businesses looking to hire may have to increase wages and sweeten their benefits packages to attract workers.

Meanwhile, other candidates might be looking to upgrade from their current job, which means they would only be willing to switch for higher wages or better benefits, he said.

 

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But after the way Mr. Turdo treated the people in Freedom Convoy, why would anyone want to move to Canada? He was like Stalin starving the Ukraine, and you were right there with him. Not a free press, I guess. Another reason to NOT move to Canada.

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What Canada's rental market could look like next yearWhile the percentage of available units within Canada's primary rental market remained virtually the same in 2021 compared to the year before, there are still concerns that vacancy rates in key markets across the country could see a decline come next year. This could result in less affordability among Canada's rental units. Well then say 'hello' to more homelessness. Hopefully we'll see a force in lowering rent rates...doh!, a momentary lapse of reason 🙄
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