unemployment

Source: ctvnews.ca As the Canadian economy continues to slow, Canada’s job market is changing, and that’s had an effect on the skills that employers are looking for. In 2023, amid record-low levels of unemployment, large swaths of the labour market faced skills and staffing shortages. But 2023 saw the labour market swing back in favour of employers as the unemployment rate ticks up.

Source: www.ctvnews.ca Canada is suffering from a severe skills shortage in several key sectors, experts say, thanks to factors that include deficiencies in our education system as well as changing demographics.