{"id":14333,"date":"2023-05-05T15:08:47","date_gmt":"2023-05-05T19:08:47","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=14333"},"modified":"2023-05-05T15:31:42","modified_gmt":"2023-05-05T19:31:42","slug":"april-labour-force-survey","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2023\/05\/05\/april-labour-force-survey\/","title":{"rendered":"April Labour Force Survey: Still Chugging"},"content":{"rendered":"\n<p>The job market keeps chugging, even a year into the Bank of Canada\u2019s tightening cycle we\u2019d expect to start putting the break on growth. Employment rose at a solid rate in April, keeping up with elevated population growth. Part-time jobs led the way, but hours worked slightly outpaced job gains, a sign that conditions remained strong. The Canadian unemployment rate has now held at 5.0% for five straight months. Given where we are in the economic cycle, no news is good news on this front.\u00a0<\/p>\n\n\n\n<p>More notable in today\u2019s numbers was that wage growth stayed hot, with hourly-earnings growth remaining above 5% for a third straight month. The year-over-year pace ticked down slightly, but that partially reflected base-year effects boosting growth in March. Overall, pay gains continue their solid pace, despite employer hiring appetite receding from voracious levels. Instead, tight conditions on the job seeker side, namely the near multi-decade-low unemployment rate, is looming larger.&nbsp;<\/p>\n\n\n\n<p>Current wage dynamics remain a tug of war of concerns. On one side is the prospect for Canadian paychecks to start clawing back their losses in purchasing power from the recent bout of inflation, while on the other is whether these trends will impede inflation from easing further. The dynamic has proceeded relatively smoothly so far in 2023, as inflation has eased amid solid wage growth, but this process is one that will play out over several quarters, not just a few months.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The unemployment held steady at 5.0%, while wage growth remained strong.<\/p>\n","protected":false},"author":103,"featured_media":14335,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"recruiter-hub-blocks.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[607],"post_mwm_category":[715],"post_topic":[],"post_content_type":[],"post_duration":[],"post_actions":[],"post_franchise":[],"post_mwm_author":[670],"class_list":["post-14333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_mwm_category-state-of-the-labour-market","post_mwm_author-bbernard"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>April Labour Force Survey: Still Chugging - Indeed Hiring Lab Canada<\/title>\n<meta name=\"description\" content=\"The unemployment held steady at 5.0%, while wage growth remained strong.\" \/>\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\/05\/05\/april-labour-force-survey\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"April Labour Force Survey: Still Chugging - Indeed Hiring Lab Canada\" \/>\n<meta property=\"og:description\" content=\"The unemployment held steady at 5.0%, while wage growth remained strong.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hiringlab.org\/en-ca\/2023\/05\/05\/april-labour-force-survey\/\" \/>\n<meta property=\"og:site_name\" content=\"Indeed Hiring Lab Canada\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-05T19:08:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-05T19:31:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/05\/image-1024x559-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"559\" \/>\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\\\/05\\\/05\\\/april-labour-force-survey\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.hiringlab.org\\\/en-ca\\\/2023\\\/05\\\/05\\\/april-labour-force-survey\\\/\"},\"author\":{\"name\":\"ltheissen\",\"@id\":\"https:\\\/\\\/www.hiringlab.org\\\/en-ca\\\/#\\\/schema\\\/person\\\/4b5c7a64267b1cb495fb45e90277f353\"},\"headline\":\"April Labour Force Survey: Still Chugging\",\"datePublished\":\"2023-05-05T19:08:47+00:00\",\"dateModified\":\"2023-05-05T19:31:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.hiringlab.org\\\/en-ca\\\/2023\\\/05\\\/05\\\/april-labour-force-survey\\\/\"},\"wordCount\":246,\"image\":{\"@id\":\"https:\\\/\\\/www.hiringlab.org\\\/en-ca\\\/2023\\\/05\\\/05\\\/april-labour-force-survey\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/d341ezm4iqaae0.cloudfront.net\\\/hiringlaborg\\\/sites\\\/2\\\/2023\\\/05\\\/02120638\\\/image-1024x559-1.png\",\"keywords\":[\"Featured\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.hiringlab.org\\\/en-ca\\\/2023\\\/05\\\/05\\\/april-labour-force-survey\\\/\",\"url\":\"https:\\\/\\\/www.hiringlab.org\\\/en-ca\\\/2023\\\/05\\\/05\\\/april-labour-force-survey\\\/\",\"name\":\"April Labour Force Survey: Still Chugging - 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