Alberta companies forced to evolve with record number of retirements
The latest labour force report from Statistics Canada on Friday shows a concerning trend in those 55 and over leaving the workforce early.
Source: edmontonjournal.com
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Alberta's labour market shifts as pandemic spurs workers to switch careers
Many workers who migrated between sectors during the pandemic, from jobs in the hospitality industry, to potentially more lucrative and stable positions in fields such as tech and retail. It’s causing staff shortages in the sectors workers have left behind, as they struggle to offer better compensation to attract workers due to inflation and increasing input costs.
Source: cbc.ca
Canadians losing confidence in Bank of Canada over inflation
As interest rates rise the less confidence Canadians — Albertans in particular — have in the Bank of Canada to navigate the inflation crisis
Source: edmontonjournal.com
Calgarians brace for another interest rate hike
With the Bank of Canada set to raise interest rates again on Wednesday, Calgarians are bracing for the pain to their bottom line.
Source: calgaryherald.com
'Good news': Alberta's unemployment rate hits new low, catches up to Canada
The latest Statistics Canada numbers show both Canada and Alberta with an unemployment rate of 4.9 per cent
Source: calgarysun.com