Canada’s rising inflation has now experienced its steepest surge since January 1991. According to Statistics Canada, consumer prices skyrocketed by 6.7% in March compared to the previous year, affecting crucial aspects of daily life such as food, transportation, and the job market. Here’s how inflation is impacting the Canadian job market and the labor dynamics.
In the dynamic world of blue-collar employment, standing out is essential. Whether you’re aiming for contingent, permanent, or temp-to-perm roles, it’s not just about having the right skills—it’s about showcasing them effectively. Jombone, a digital staffing partner leveraging advanced technologies like Cloud, Artificial Intelligence, Blockchain, and Fintech, can help. Here are five key strategies to help you succeed in the competitive landscape of blue-collar work.
Businesses have always lived and died by their ability to recruit talent. Get the right people, and you will flourish; don’t and you won’t. It’s as simple as that. Traditional hiring methods are time-consuming and inefficient, and businesses and staffing agencies that rely on them will still be searching for employees while those that use modern solutions are up and running. What are the modern solutions to talent acquisition challenges that successful modern businesses are using? Online staffing platforms.
The economic climate of 2023 is creating challenges for many industries, and warehousing and logistics are not immune. The freight industry plays a vital role in the global economy, enabling the worldwide movement of goods and materials. When fewer goods and materials are changing hands, this reduced spending is experienced by the shipping industry as a ‘freight recession.’  In this comprehensive analysis, we’ll explain what a freight recession is, how it’s caused, how it will affect various industries, and how
The fast-paced growth of technology shows no signs of abating, and its impact on various industries is becoming increasingly profound.  Over the last four to five years, especially during COVID-19, we have witnessed accelerated technological advancements, revolutionizing how we live and work. Innovations from artificial intelligence and automation to robotics and machine learning are reshaping entire industries, economies, and the nature of employment itself.
Interest rates play a crucial role in an economy’s overall health wage growth and stability. They are essentially the cost of borrowing money, expressed as a percentage of the principal amount. Various factors determine interest rates, such as market forces, monetary policies set by central banks, and the overall state of the economy. By comprehending the trends associated with interest rates, we can better anticipate and respond to their effects on the job market.
Finding an industry AI has not affected is difficult, and the staffing industry is no exception. By automating tedious tasks such as resume screening, pre-screening candidates, and scheduling interviews, companies are reducing the time their HR teams spend on these tasks. This leads to better use of resources, focusing on more critical aspects such as interviewing and employee retention.
An ability to attract hourly wage workers and retain them will give you an edge over your competition. However, a failure to attract an hourly workforce or an inability to retain hourly workers will have dire consequences. The competition for hourly wage workers is fierce. The current labour market is characterized by abundant job opportunities resulting in greatly increased bargaining power for workers. Simply put, it’s a seller’s market for hourly wage services, making employers need to reassess how they
To show how the new Ontario staffing regulations, “Working for Workers Act, 2021”, will affect you, we’ll provide an overview of the key components of this new act, explore proposed changes (including licensing requirements for staffing firms and recruiters), explain the act’s ban on noncompete agreements, and discuss the act’s ‘disconnect’ policies that address after-hours communications.
Job hunting is highly competitive. When you submit a job application, you’re competing against dozens if not hundreds of other applicants, each with similar qualifications and wanting the job as much as you do. It’s not just hiring managers you’ll need to impress. Before a human even sees your application, it must make a good impression on an Applicant Tracking System (ATS). These automated systems screen resumes, flagging keywords and phrases that match job requirements. If a resume doesn’t