Canada Employment Landscape

August 2023 Overview

The Canadian employment landscape is constantly changing. Keep up-to-date with the most recent trends with our monthly Employment Landscape Overview. Figures and statistics sourced from Statistics Canada.

  • Employment at 20,206,000 in August

    Employment increased by 40,000 (+0.2 per cent) in August, following little change in July. Since January 2023, employment has increased by 174,000 (+0.9 per cent)—or by 25,000 on average per month

  • Employment in Alberta increased

    In Alberta, employment increased by 18,000 (+0.7 per cent) in August, the second consecutive monthly increase.

  • Multiple job holders unchanged year-over-year

    In August, about one million people—or 5.4 per cent of the employed—held multiple jobs, virtually unchanged from a year earlier (three-month moving averages, not seasonally adjusted).

  • Labour force participation decreased

    The participation rate—the proportion of the population who is employed or unemployed—was down 0.1 per centage points to 65.5 per cent in August.

  • Unemployment rate holds steady

    The unemployment rate was unchanged at 5.5 per cent, following three consecutive monthly increases in May, June, and July.

  • Employment rises among core-aged men

    Among core-aged men (aged 25 to 54), employment increased by 33,000 (+0.5 per cent) in August, offsetting a decrease of 27,000 in July.

    Employment for core-aged women also increased in August (+21,000; +0.3 per cent), following two months of little change.

    Despite employment gains in August, employment rates for core-aged women (81.5 per cent) and men (87.7 per cent) were both little changed in the month.

  • Construction employment increased

    Construction employment increased by 34,000 (+2.2 per cent) in August. Compared with 12 months earlier, employment in this industry was little changed in August.

  • Average hourly wages increased

    On a year-over-year basis, average hourly wages rose 4.9 per cent (+$1.56 to $33.47) in August, following an increase of 5.0 per cent in July.

  • Number of self-employed workers up

    The number of self-employed workers rose by 50,000 (+1.9 per cent) in August, the first notable increase in nine months.

  • Professional, scientific, and technical services employment up

    Employment in professional, scientific, and technical services increased by 52,000 (+2.8 per cent) in August, offsetting a cumulative decrease of 36,000 from March to July.

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Industry Trends

Broadleaf summarizes the latest industry trends each month to keep you informed as you make decisions about the future of your business.

  • 37% of Canadian organizations are looking for ways to use the ChatGPT generative artificial intelligence (AI) platform to improve their operations.

    48% of HR leaders are in the process of finalizing their ChatGPT guidance.
    91% of hiring employers are seeking employees with ChatGPT experience.

  • 30% of employers are very urgently or somewhat urgently hiring ChatGPT-skilled workers.

    The areas where employers want AI-skilled staff:
    • 58%: Software engineering
    • 33%: Customer service
    • 32%: Human resources
    • 31%: Marketing

View the Monthly U.S. Employment Update

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