Market for Jobs in Canada Shows Surprising Resilience in Spite of Global Economic Uncertainty

Written by Strac Ivanov

June 11, 2012: According to Statistics Canada’s labour market survey, released on Friday, June 8th, Canada’s job market seems to be weathering the global economic uncertainties quite well – at least for the time being. A separate report tracking hiring demand that we (VicinityJobs.com) release each month also points to signs of strength in the job market.

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Is Canada’s Jobs Market Recovery Stalling?

On November 5th, 2010, Statistics Canada published the October result of its monthly labour market survey. It seems to indicate that the job market recovery has almost stalled, at a time of the year that is normally be characterized by steady job creation. The Vicinity Jobs hiring demand numbers from October also show that hiring pulled down sharply from its peak a month ago. What is unusual this time around is that other economic indicators – such as stock price indices – point to an overall economic recovery.

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