Ontario's labour market calmed down in 2023 but saw a growth in average hourly wages that was higher than the rate of inflation, according to a new report Wednesday from the province's financial watchdog.The Financial Accountability Office of Ontario said the province's labour market moderated in 2023 but also saw a jump in average hourly wages against the rate of inflation.
Alongside the slower pace of employment gains, the FAO said job vacancies trended lower in 2023, declining 24.9 per cent compared to the previous year. Utilities was the only industry to report an increase in job vacancies at 43.9 per cent.We asked how Ontario's labour crunch is affecting you. Here's what you told us
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