{"id":14295,"date":"2023-01-06T15:49:59","date_gmt":"2023-01-06T20:49:59","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=14295"},"modified":"2023-02-09T12:42:56","modified_gmt":"2023-02-09T17:42:56","slug":"december-labour-force-survey-2022","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2023\/01\/06\/december-labour-force-survey-2022\/","title":{"rendered":"December Labour Force Survey: Ending the Year Strong"},"content":{"rendered":"\n<p>We can breathe a sigh of relief. The jobs numbers might be backward looking, but through the end of 2022, the Canadian labour market remained rock solid. Employment soared in December, as the unemployment rate fell to 5.0%, and more people participated in the labour force. Youth had an especially strong showing in the month after a weak second half of the year. While some of December\u2019s upside surprise probably reflects volatility in the age 15 to 24 cohort, in general it underscores that broader conditions have held up quite well amid economic uncertainty.<\/p>\n\n\n\n<p>While jobs swung upward, wage growth cooled somewhat. Hourly earnings were still a strong 5.1% above where they were a year earlier, but that pace was down from the 5.6% rate in November. Moreover, there was deceleration in pay increases across most industries, suggesting the dip wasn\u2019t just driven by the types of jobs added in the month.&nbsp;<\/p>\n\n\n\n<p>Wage growth currently stands at the cross-hairs of opposing trends, with tight labour market conditions and elevated inflation putting pressure on employers to raise pay in the face of an uncertain economic outlook. So far though, the clouds on the horizon haven\u2019t rained on the labour market\u2019s parade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employment jumped, while wage growth slipped from its fast pace.<\/p>\n","protected":false},"author":103,"featured_media":14296,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"recruiter-hub-blocks.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"post_mwm_category":[715],"post_topic":[],"post_content_type":[],"post_duration":[],"post_actions":[],"post_franchise":[],"post_mwm_author":[670],"class_list":["post-14295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","post_mwm_category-state-of-the-labour-market","post_mwm_author-bbernard"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>December Labour Force Survey: Ending the Year Strong - Indeed Hiring Lab Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hiringlab.org\/en-ca\/2023\/01\/06\/december-labour-force-survey-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"December Labour Force Survey: Ending the Year Strong - Indeed Hiring Lab Canada\" \/>\n<meta property=\"og:description\" content=\"Employment jumped, while wage growth slipped from its fast pace.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hiringlab.org\/en-ca\/2023\/01\/06\/december-labour-force-survey-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Indeed Hiring Lab Canada\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-06T20:49:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-09T17:42:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/01\/Dec22_LFS_G1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"877\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Brendon Bernard\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2023\/01\/06\/december-labour-force-survey-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2023\/01\/06\/december-labour-force-survey-2022\/\"},\"author\":{\"name\":\"ltheissen\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353\"},\"headline\":\"December Labour Force Survey: Ending the Year Strong\",\"datePublished\":\"2023-01-06T20:49:59+00:00\",\"dateModified\":\"2023-02-09T17:42:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2023\/01\/06\/december-labour-force-survey-2022\/\"},\"wordCount\":207,\"image\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2023\/01\/06\/december-labour-force-survey-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2023\/01\/02120645\/Dec22_LFS_G1.png\",\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2023\/01\/06\/december-labour-force-survey-2022\/\",\"url\":\"https:\/\/www.hiringlab.org\/en-ca\/2023\/01\/06\/december-labour-force-survey-2022\/\",\"name\":\"December Labour Force Survey: Ending the Year Strong - 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