Unemployment in Canada has dropped, yet some firms are struggling to hire. Here’s why

August 9, 2022

The unemployment rate across Canada dropped to a new low of 5.1 per cent in May — the lowest since at least 1976 — yet some businesses are struggling to fill job vacancies. One of the main reasons for that, according to one expert, is that people are more “picky” when it comes to applying for jobs because of the impact the COVID-19 pandemic has had on the work environment.

“It’s very hard to make the argument that you need to physically come to work five days a week,” said Sarah McVanel, chief recognition officer and founder of Greatness Magnified, a company that helps organizations retain top talent and combat burnout.

McVanel says that COVID-19 presented Canadians with a different reality that changed the way people think about work.

Source: Global News