TransLink is among a host of B.C. companies faced with hundreds of unfilled jobs
Inflation around the world is higher than it has been in recent decades, leading to interest rate hikes aimed at cooling economies to crimp consumer spending.
This means, he added, that “job openings could come down significantly – and they need to – without much of an increase in unemployment.” Job vacancies were up by 296,500, or 42.3 per cent, compared with the same quarter a year ago, Statistics Canada said. The COVID-19 pandemic, he said, changed people’s perception of work, as it enabled them to work from home, have flexible hours and use new technologies.
“It is ongoing and will be interesting to see how and where that settles – and each organization is different. There are some organizations that are unwilling to [accept staff working remotely], and I think they’re going to pay a price.”
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