Introducing Graph of the Week, a new series from the C.D. Howe Institute's Graphic Intelligence that presents valuable and easily digestible data. Each Monday we will unveil one new captivating chart or graph with interesting insights, explaining it in two-to-three sentences. Dive into the data with us.
The gap between the number of unemployed and job vacancies in Canada is widening, with unemployment on the rise and job openings decreasing. Unlike the extreme tightness experienced in mid-2022, the labour market is now showing signs of cooling. This shift is making it increasingly difficult for unemployed individuals to secure new jobs.