How Canada’s labor market is changing, in 4 charts

How the Canadian labor market is changing, in 4 charts | The star

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Professional services and civil service, that is, white-collar workers, are far ahead, while there is still a long way to go for agriculture and parts of the economy that had to repeatedly shut down during the various waves of the pandemic. “,” type “:” text “,” isParagraph “: true,” isHeading “: false}, {” snippet “:”“,” header “:” “,” fullWindow “: false,” fullBleed “: false,” showFullBleedOnMobile “: false,” headColor “:” “,” type “:” html5mobile “,” textColor “:” “,” mobileImageUrl “:” “,” bgColor “:” “,” imageUrl “:” “,” registrationOnly “: false,” linkUrl “:” “,” aodaTitle “:” graph “,” internalScroll “: false,” displayStyle ” : “small-up”}, {“type”: “textBreakPoint”, “insertAt”: “contentEndBreakPoint”}, {“text”: “Despite the constant talk about labor shortages and fears of Inflation watchers that a tighter labor market will raise wages, not many people are getting big raises yet. 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Canada's labor market has finally recovered to pre-pandemic levels, but as the population has grown, the employment rate is still below what it was in the days leading up to the pandemic.

The good news in the job market is indisputable.

Canada’s job market finally recovered to pre-pandemic levels, and Statistics Canada’s workforce survey showed the addition of 157,000 new jobs in September. Employment is now at the same level as in February 2020, but because the population has grown during that time, the employment rate (60.9 percent) is still 0.9 percentage points below what it was at. the days before the pandemic.

Recovery is valid for moms and dads with school-age children. After months of ups and downs related to intermittent daycare and school closings, parents are now back to work the same kinds of hours they used to.

However, not all sectors have fully recovered. Professional services and civil service, that is, white-collar workers, are far ahead, while there is still a long way to go for agriculture and parts of the economy that had to repeatedly shut down during the various waves of the pandemic.

Despite the constant talk about labor shortages and inflation watchers’ fears that a tighter labor market will drive up wages, there are still not many people getting big raises. Average wages are rising smoothly, as usual.

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