The red-hot labor market for lawyers in the United States is magnetizing Canadian lawyers eager to join their American counterparts on the quest for lucrative wage increases at U.S. firms. Canadian firms, meanwhile, have been slower to react with widespread wage adjustments, but we expect that to change ... READ MORE >
Canadian labor market
Canada should brace for a long recovery: More than 1 million job losses in March
Canada's jobs numbers are in for March and they are worse than expected. In the month of March the Canadian economy shed more than 1 million jobs in comparison to a consensus forecast of 500,000 job losses. All provinces and territories reported job losses, but on a relative basis Alberta suffered ... READ MORE >
Canada added 35,200 jobs in December, exceeding estimates
The Canadian economy added 35,200 jobs in December, significantly greater than the 25,000 expected by economists. This partially offsets the 71,000 job losses in November’s Statistics Canada labor market survey. The unemployment rate fell by 0.3 percentage points to reach 5.6%, near the historic low of ... READ MORE >