In the News

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International Students in Canada – An increasing number have engaged in the labour market over the past decade

The number of international students has grown considerably worldwide, primarily from developing countries to Western developed countries. In recent years, Canada has led other major Western countries in the growth of international students. The opportunity for international students to work in Canada after graduation and to potentially become permanent residents, and ultimately Canadian citizens, is … Continue reading

Truck Driver Shortage in US – Will hit a historic high of just over 80,000 drivers in 2021

The American Trucking Associations estimates that in 2021 the truck driver shortage will hit a historic high of just over 80,000 drivers. This figure is the difference between the number of drivers currently in the market and the optimal number of drivers based on freight demand. While all sectors in the industry struggle with finding … Continue reading

Salary trends in Canada – 65% of workers are seriously considering leaving their current role

Did you know more than half of your team is ready to resign and move onto their next opportunity? Our Salary Guide reveals that 65% of workers are seriously considering leaving their current role, meanwhile 40% of you also told us you’re losing talent to higher pay being offered somewhere else. The great reset to … Continue reading

Job Report in US (November 2021) – Employment rose by 210,000, below expectations

Total nonfarm payroll employment rose by 210,000 in November, and the unemployment rate fell by 0.4 percentage point to 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. Employment in retail trade declined over the month. Household Survey Data … Continue reading

Day Trading in Canada – More Canadians have turned to it following the pandemic

Although most Canadians are returning to in-person work, a significant rise in day traders observed throughout the pandemic shows no signs of letting up. With COVID-19 causing many Canadians to re-evaluate their financial standing, untold thousands have turned to day trading as a means of generating income (or at least attempting to). In fact, major … Continue reading

Job Report in US (October 2021) – Employment rose by 531,000 and unemployment to 4.6 percent

Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, with notable job gains in leisure and hospitality, in professional and business services, in manufacturing, and in transportation and warehousing. Employment … Continue reading

Migrations Internationales en 2020 – Les flux d’immigration permanente dans les pays de l’OCDE ont baissé de plus de 30 %

Les flux d’immigration permanente dans les pays de l’OCDE ont baissé de plus de 30 % en 2020, pour s’établir à environ 3.7 millions de personnes – soit le niveau le plus bas depuis 2003. Cette baisse pourrait même atteindre 40 %, en fonction des facteurs qui sont pris en considération. Toutes les catégories de … Continue reading

Covid in Canada – The Worker Lockdown Benefit

Canada is on the road to economic recovery and employment is now back to pre-pandemic levels. This is thanks to the resilience of employers and hard work of Canadians. The government is making adjustments to pandemic income support programs to reflect the new phase of the recovery. The government is moving from broad-based programs to … Continue reading

Job report in Canada (September 2021) – Employment rose by 157,000 (+0.8%), back to pre-pandemic level and unemployment at 6.9.

Employment rose by 157,000 (+0.8%) in September, the fourth consecutive monthly increase. The unemployment rate fell by 0.2 percentage points to 6.9%. Employment regains pre-pandemic level in September, with some notable differences Employment returned to its February 2020 level in September, increasing by 157,000 (+0.8%). The employment rate was 60.9%, 0.9 percentage points lower than … Continue reading

Job Report in US ( September 2021) – Employment rose by 194,000 and number of unemployed fell by 710,000 to 7.7 million with are at 4.8 percent

Total nonfarm payroll employment rose by 194,000 in September, and the unemployment rate fell by 0.4 percentage point to 4.8 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in professional and businessservices, in retail trade, and in transportation and warehousing. Employment in public education declined over … Continue reading

COVID-19 Recession in Canada – The C.D. Howe Institute Business Cycle Council declares the end of it

The C.D. Howe Institute’s Business Cycle Council, Canada’s main arbiter of business cycle dates, has declared an end to the COVID-19 recession. The Council decided on August 9 to declare an end to the recession that began in March 2020. It judged that the recovery from the recession is now prolonged and sustained enough to … Continue reading

Job Report in US (July 2021) – Employment rose by 943,000 and and the unemployment declined by 0.5 percentage point to 5.4 percent

Total nonfarm payroll employment rose by 943,000 in July, and the unemployment rate declined by 0.5 percentage point to 5.4 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in local government education, and in professional and business services. This news release presents statistics from two monthly … Continue reading

The ‘Great Resignation’- Really the ‘Great Discontent’ Gallup finds

A new Gallup analysis finds that 48% of America’s working population is actively job searching or watching for opportunities. Businesses are facing a staggeringly high quit rate — 3.6 million Americans resigned in May alone — and a record-high number of unfilled positions. And Gallup discovered that workers in all job categories, from customer-facing service … Continue reading

COVID-19, Immigrants and Unemployment in US -The gap has closedr

As businesses across the United States return to near-normal operations, public attention has shifted to reports of labor shortages and rising prices. But even as hiring picks up in the wake of the COVID-19 outbreak, the labor market is not fully healed. Some 9.5 million U.S. workers were unemployed in June 2021, compared with 5.7 … Continue reading

Covid and Business Cycle Dating in US – A trough in monthly economic activity occurred in the US economy in April 2020 says NBER’s Committee

The Business Cycle Dating Committee of the National Bureau of Economic Research maintains a chronology of the peaks and troughs of US business cycles. The committee has determined that a trough in monthly economic activity occurred in the US economy in April 2020. The previous peak in economic activity occurred in February 2020. The recession … Continue reading

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