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The US Economy Shifts into High Gear
The United States economy is shifting into high gear after seeing a 4.1 percent increase in the second quarter of last year. The rise in business and consumer spending, government spending, and the increase in exports helped these numbers come to pass. Business investment grew 7.3 percent, and personal consumption expenditures increased four percent. President […]
The Change the Canadian Labor Market has Undergone – in Numbers
The jobs held by Canadian employees in 2018 differ in many respects from those held by their counterparts in the early 1980s. Since the early 1980s, total employment has shifted away from full-time jobs. For Example, Statistics Canada found that all employees aged 17 to 64 working full-time declined from 87% in 1981 to 84% […]
Canada Facing Biggest Labor Shortage in Decade
Highlights from a new survey conducted by The Bank of Canada show the number of companies facing labor shortages has increased to 37 percent, which is the highest rate since 2008. The companies are reporting labor shortages are getting more intense at a rate not seen in over a decade. Firms are expecting future sales […]