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Canada

Market Trends

What is the future of staffing? Recruitment in the 21st century is rapidly evolving. Stay ahead of your competitors with an in-depth look at the trends and developments reshaping the employment landscape.

As we stand at the start of 2024, the industrial hiring and staffing sector finds itself on the cusp of transformative changes across various fronts. Fueled by macroeconomic factors affecting multiple industries, geopolitical considerations, global supply chain adjustments, technological advancements..
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.
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
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.
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.
The e-commerce fulfillment and logistics industry is a rapidly expanding vertical market. With more and more potential customers turning to online shopping in recent years, the need for warehouses and fulfillment centers is skyrocketing, and with it, the demand for blue-collar workers to staff these facilities.
Beginning in the 2000s, the Fourth Industrial Revolution represents the convergence of emerging digital technologies, the agility of mobile telecommunications, and evolving business processes and automation that are disrupting countless industries. And disruption is an apt word for it – this revolution is changing the very nature of existing businesses while simultaneously spawning new ones.
Rising inflation in Canada is driving workers to demand higher wages, leading to increased job switching as employees seek better compensation. Businesses are facing stiff competition to attract and retain talent and are adapting their recruitment strategies by offering higher compensation. In addition, the imbalance between the retiring workforce and incoming workforce is leading to slower job growth.
Disruption has brought endless opportunities for businesses to make fundamental updates to their processes, systems, and operations. And companies that don’t embrace disruption risk being left behind in an ever-changing world.  One sector ripe for disruption is the staffing industry. Fortunately, emerging companies like digital staffing agency, Jombone, have emerged to help revolutionize the staffing process through automation and streamlined processes.