Andrew Rasheed on Tackling Canada’s HR Crisis: Recruitment, Retention, and the Future of Work

Canada’s workforce is undergoing major changes, leading to new challenges and opportunities for employers?across the country. More recent data suggest an inconsistent unemployment rate and even a significant jump to 6.8% in November 2024, the highest since January 2017 (setting pandemic?years aside). That was in the face of an?increase of 50,500 jobs and an expansion of the labour force by 137,800, so overall job growth failed to keep pace.

Coworkers conversing

By December 2024, the economy?had recovered, with new jobs surging by 90,900, nearly four times the predicted number, and the unemployment rate had dipped to 6.7%. That November job market continuation brought an additional 76,000 jobs in January 2025, and the unemployment rate stayed at 6.6%.…

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