How can Canada's population keep growing while full-time employment has stalled?

Canada is known for its diverse and vibrant population, which continues to grow despite the recent slowdown in full-time employment. In this blog post, we will explore some of the reasons behind this phenomenon and what it means for the future of Canada's economy and workforce.

Firstly, it is important to note that the growth of Canada's population is driven by both natural increase (births minus deaths) and immigration. The country has a relatively low fertility rate, but it compensates with a supportive immigration policy, which has contributed to its population growth over the years.

On the other hand, full-time employment has stagnated since the summer, with a decline in the number of people working full-time, particularly in industries such as manufacturing and construction. This is due to several factors, including automation, globalization and baby boomers leaving the workforce, which have resulted in unfilled job postings in many sectors.

Separately, the tech sector has begun laying off workers to preserve cash in anticipation of a recession.

In conclusion, Canada's population is growing, despite the recent slowdown in full-time employment. As the country continues to evolve and adapt to changing economic conditions, it is important to ensure that all Canadians have access to good, secure jobs that provide a decent standard of living. With the right policies and investments in education, training, and innovation, Canada has the potential to continue to be a vibrant, growing, and inclusive society for years to come.