{"id":14424,"date":"2024-01-05T13:04:29","date_gmt":"2024-01-05T18:04:29","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=14424"},"modified":"2024-01-23T13:29:15","modified_gmt":"2024-01-23T18:29:15","slug":"december-labour-force-survey-soft-second-half","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/","title":{"rendered":"December Labour Force Survey: Capping off a Soft Second Half"},"content":{"rendered":"\n<p>Not a great way to end the year, though things could be worse. Canadian employment was flat in December, even as population growth remained brisk, similar to trends already in place throughout the second half of 2023. This led the employment rate to slip 0.2 percentage points, returning to where it stood in late 2021. Hours worked actually ticked up, but only partially offset a decline in November.<\/p>\n\n\n\n<p>Even with the weak December job numbers, the unemployment rate held steady at a still-low 5.8%, as labour force participation fell. However, the flat unemployment rate also reflected continued low layoff rates, which stayed below pre-pandemic norms throughout 2023. Instead, the stalling labour market is evident in a weak pace of new hiring. The slow pace of new jobs being started appears to be hitting youth employment in particular, with the share of 15-24-year-olds working down sharply over the past year, while holding steadier among older demographics.\u00a0<\/p>\n\n\n\n<p>The job seeker\u2019s market of 2022 receded last year, but cooler conditions haven\u2019t had a major imprint on wage growth. In fact, hourly earnings growth accelerated to 5.4% year-over-year in December, matching their highest annual rate for 2023. Part of the strong numbers reflect the types of jobs <a href=\"https:\/\/x.com\/BrendonBernard_\/status\/1743297860341301487?s=20\" target=\"_blank\" rel=\"noreferrer noopener\">that have been growing<\/a>, but nonetheless highlight how wage dynamics have reacted relatively slowly to the changing economic situation. This has been good news for the ability of paychecks to claw back the earlier hit from inflation, but it&#8217;s unclear how long this will last.\u00a0<\/p>\n\n\n\n<p>Overall, the December LFS showed a continuation of several themes that defined the 2023 Canadian labour market. The question for 2024 is: <a href=\"https:\/\/www.hiringlab.org\/en-ca\/2023\/11\/29\/indeed-2024-canada-jobs-and-hiring-trends-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">can we hold on from here<\/a>?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employment flatlined, but wage growth was strong.<\/p>\n","protected":false},"author":103,"featured_media":14425,"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-14424","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: Capping off a Soft Second Half - Indeed Hiring Lab Canada<\/title>\n<meta name=\"description\" content=\"Canadian employment was flat in December, even as population growth remained brisk.\" \/>\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\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/\" \/>\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: Capping off a Soft Second Half - Indeed Hiring Lab Canada\" \/>\n<meta property=\"og:description\" content=\"Canadian employment was flat in December, even as population growth remained brisk.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/\" \/>\n<meta property=\"og:site_name\" content=\"Indeed Hiring Lab Canada\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-05T18:04:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-23T18:29:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/01\/image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"820\" \/>\n\t<meta property=\"og:image:height\" content=\"474\" \/>\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\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/\"},\"author\":{\"name\":\"ltheissen\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353\"},\"headline\":\"December Labour Force Survey: Capping off a Soft Second Half\",\"datePublished\":\"2024-01-05T18:04:29+00:00\",\"dateModified\":\"2024-01-23T18:29:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/\"},\"wordCount\":280,\"image\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/01\/02120612\/image.png\",\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/\",\"url\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/\",\"name\":\"December Labour Force Survey: Capping off a Soft Second Half - Indeed Hiring Lab Canada\",\"isPartOf\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/01\/02120612\/image.png\",\"datePublished\":\"2024-01-05T18:04:29+00:00\",\"dateModified\":\"2024-01-23T18:29:15+00:00\",\"author\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353\"},\"description\":\"Canadian employment was flat in December, even as population growth remained brisk.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#primaryimage\",\"url\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/01\/02120612\/image.png\",\"contentUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/01\/02120612\/image.png\",\"width\":820,\"height\":474,\"caption\":\"Line graph titled \\\"Weak hiring slowing the labour market, but layoffs still low,\\\" shows two line graphs. The first compares the new hire rate (%) from the 2017-19 avg, 2022, and 2023. The second graph shows the layoff &amp; discharge rate (%) during the same time period.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.hiringlab.org\/en-ca\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"December Labour Force Survey: Capping off a Soft Second Half\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#website\",\"url\":\"https:\/\/www.hiringlab.org\/en-ca\/\",\"name\":\"Indeed Hiring Lab Canada\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.hiringlab.org\/en-ca\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353\",\"name\":\"ltheissen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g\",\"caption\":\"ltheissen\"},\"url\":\"https:\/\/www.hiringlab.org\/en-ca\/author\/ltheissen\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"December Labour Force Survey: Capping off a Soft Second Half - Indeed Hiring Lab Canada","description":"Canadian employment was flat in December, even as population growth remained brisk.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/","og_locale":"en_US","og_type":"article","og_title":"December Labour Force Survey: Capping off a Soft Second Half - Indeed Hiring Lab Canada","og_description":"Canadian employment was flat in December, even as population growth remained brisk.","og_url":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/","og_site_name":"Indeed Hiring Lab Canada","article_published_time":"2024-01-05T18:04:29+00:00","article_modified_time":"2024-01-23T18:29:15+00:00","og_image":[{"width":820,"height":474,"url":"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/01\/image.png","type":"image\/png"}],"author":"Brendon Bernard","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#article","isPartOf":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/"},"author":{"name":"ltheissen","@id":"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353"},"headline":"December Labour Force Survey: Capping off a Soft Second Half","datePublished":"2024-01-05T18:04:29+00:00","dateModified":"2024-01-23T18:29:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/"},"wordCount":280,"image":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#primaryimage"},"thumbnailUrl":"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/01\/02120612\/image.png","inLanguage":"en-CA"},{"@type":"WebPage","@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/","url":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/","name":"December Labour Force Survey: Capping off a Soft Second Half - Indeed Hiring Lab Canada","isPartOf":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#primaryimage"},"image":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#primaryimage"},"thumbnailUrl":"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/01\/02120612\/image.png","datePublished":"2024-01-05T18:04:29+00:00","dateModified":"2024-01-23T18:29:15+00:00","author":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353"},"description":"Canadian employment was flat in December, even as population growth remained brisk.","breadcrumb":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#primaryimage","url":"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/01\/02120612\/image.png","contentUrl":"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/01\/02120612\/image.png","width":820,"height":474,"caption":"Line graph titled \"Weak hiring slowing the labour market, but layoffs still low,\" shows two line graphs. The first compares the new hire rate (%) from the 2017-19 avg, 2022, and 2023. The second graph shows the layoff &amp; discharge rate (%) during the same time period."},{"@type":"BreadcrumbList","@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/01\/05\/december-labour-force-survey-soft-second-half\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.hiringlab.org\/en-ca\/"},{"@type":"ListItem","position":2,"name":"December Labour Force Survey: Capping off a Soft Second Half"}]},{"@type":"WebSite","@id":"https:\/\/www.hiringlab.org\/en-ca\/#website","url":"https:\/\/www.hiringlab.org\/en-ca\/","name":"Indeed Hiring Lab Canada","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.hiringlab.org\/en-ca\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Person","@id":"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353","name":"ltheissen","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g","caption":"ltheissen"},"url":"https:\/\/www.hiringlab.org\/en-ca\/author\/ltheissen\/"}]}},"_links":{"self":[{"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/posts\/14424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/comments?post=14424"}],"version-history":[{"count":0,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/posts\/14424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/media\/14425"}],"wp:attachment":[{"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/media?parent=14424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/categories?post=14424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/tags?post=14424"},{"taxonomy":"post_mwm_category","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_mwm_category?post=14424"},{"taxonomy":"post_topic","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_topic?post=14424"},{"taxonomy":"post_content_type","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_content_type?post=14424"},{"taxonomy":"post_duration","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_duration?post=14424"},{"taxonomy":"post_actions","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_actions?post=14424"},{"taxonomy":"post_franchise","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_franchise?post=14424"},{"taxonomy":"post_mwm_author","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_mwm_author?post=14424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}