Attendees wait for a career fair to begin in Burnaby, B.C. Photo by Paige Taylor White/Bloomberg files
Canada’s technology sector is in the grips of a hiring deep freeze , with the number of job postings down for a third straight year and early-career workers among the hardest hit, according to a new report from online job site Indeed Inc.
The current number of listings is now 19 per cent below early 2020 levels, and well off pandemic-era hiring rates, when listings rose 35 per cent from 2019 to 2022 helped by low interest rates and optimism in the sector, said Brendon Bernard, a senior economist at Indeed and author of the report.
With the post-pandemic era ushering in rising interest rates and a more pessimistic growth outlook, tech hiring has now gone “from boom to bust,” Bern