If there is a shortage in the labour market, why are people losing their jobs?

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There have been a wave of layoffs, especially in the tech sector with companies such as Shopify. This is despite more demand from

speculating that Canadian homes prices could plummet up to 25 per cent in 2023.

At the same time, there are sectors and companies that are doing well and are looking for workers, Antunes added.The news of thousands losing their tech jobs isn’t reflective of the entire industry. Michael Contento, managing partner and business innovation executive at the IT service management company F12.net, says extrapolating trends from events such as tech layoffs leads to inaccurate conclusions.Article content“We’re hiring,” adds Contento. “We’re in a growth mode.”also confirms there are “many companies hiring for tech positions over the past six months.”

Positions such as cloud engineer and python developer are currently most common with big banks and financial service companies, according to Indeed.reports that these areas have record high job vacancies in Q2 of 2022. Vacancies in accommodation and food services sector are also on the rise, with 12.7 per cent increase quarter-over-quarter.This advertisement has not loaded yet, but your article continues below.

“We’re still going through the post pandemic’s ‘great resignation’ and we’re still having, not an extremely difficult time to find talent, but it’s not as easy as it used to be,” Contento said.

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Bc cause they want to get paid but don’t want to do the work. Huge problem with this generation.

2/2 keep going but with carbon tax continually increasing therefore increasing cost of shipping & products not to mention everyone struggling& no longer able to spend as much my small business died I’m sure this story is the same for many

Simple as a former business owner in Trudeau 1st yr he raised contributions of employers for CPP&EI by 9% respectively that’s an 18% increase in 1 yr in my province minimum wage increased as well I cut hrs but eventually let everyone go worked 12 hr days 7 days a week to try 1/2

People that want to sit at home and work on their parent dining room table and not get their hands dirty. There is way too many of them.

There is no shortage of desperate people around the globe willing to work for pretty much just a passport.

No to Trudeau’s pointless unscientific mandates

Private industry is losing jobs, even though there are Help Wanted signs everywhere, meanwhile, public service has invented almost 400,000. What do they do? They sure as hell don't work in the Passport Office or at airports.

Those interest-rate hikes are starting to kick in….

Workers have been enabled and championed to stay home by governments....the last 30 years of academia policy and function is to teach WHAT to think not HOW to think....reap what is sowed....and many paid 10's of thousands for Social Engineering and Choice Architecture, sad really

The 'shortage' is in fast food jobs and convenience store jobs. The only good paying jobs left are GOVERNMENT JOBS. Government spending has choked the market to death...

Good overall article There is no job shortage The layoffs you see only tell one side of a complex story If you have the skills people need you have to no fear 😨

Pfizer

Are you for real? Trades are not transferable by clapping one’s hands… it takes months if not years of training… what are you saying?

Um, illegal vax mandates?

The market has changed, time to diversify.

there's no shortage you're cheerleaders for the oligarchs you think we don't get it?

If there is a shortage in the job market why are hospital jobs so difficult to get. Qualification requirements for entry level positions are extreme when there could be on the job training for some roles

'If there is a shortage in the labour market, why are people losing their jobs?' It's Trudeau's spin: We're not in a Recession!! It's a market readjustment 🤡 TrudeauMustGo TrudeauMustGoNow .

Maybe because it’s a fake economy. Kind of like when they locked us down, and had people wearing masks alone in their cars

Because they refuse to try something new?

That is how capitalism works

Bank of Canada each month into 2023.

Seriously? WTAF?

Nice question...

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If there is a shortage in the labour market, why are people losing their jobs?There have been a wave of layoffs, especially in the tech sector with companies such as Shopify. This is despite more demand from
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