Posted 11/16/2023, 8:34:02 PM
Holiday Job Postings Down 30% in Canada As Labor Market Cools
- Holiday job postings on Indeed Canada down 30% from last year, part of broader cooling in labor market
- Total job vacancies have fallen 32% from peak levels in 2022, but remain above pre-pandemic levels
- Share of holiday job ads not as high as pre-COVID years, possibly due to e-commerce shift and remote work
- Canadian households pulling back on purchases due to higher interest rates, clouding holiday shopping season
- Job searches for holiday roles stronger than recent years, sign seekers less confident finding work elsewhere