Economics

 
 

Help Wanted: Private sector job vacancies, Q2 2017

A sign of tightening labour markets, Canada’s private sector job vacancy rate edged up to 2.6 per cent in the second quarter of 2017. In total, these estimates represent 330,000 unfilled positions across the country.

Minimum wages: Adding duel to the fire

The release of two new studies of Seattle’s experience with its minimum wage ordinance has unleashed a flurry of praise and pushback from observers in this much debated field. That it followed closely on the heels of Ontario’s announced plans to push toward a $15/hour minimum wage by January 1, 2019 only reinforces the need to ensure that social engineering policies be based on or, at the very least, be accompanied by adequate analysis.

Minimum wage winners and losers far from certain

The drive to $15/hr minimum wages in some regions is adding uncertainty to employers' and employees' prospects alike. It is far from certain who precisely the winners and losers will be.
 

Business Barometer®

Canada’s small business confidence took another hit in September. CFIB's monthly Business Barometer® Index dropped another three points to land at 56.9—its fourth consecutive monthly decline. Since peaking in May, the index has lost nine points and is at its lowest level since March 2016.

Part-time work: a matter of demand or supply?

Part-time employment is one of those work dimensions with advantages for employers and employees. In Canada’s case, about 19 percent of all jobs involve fewer than 30 hours per week.
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