Canada’s Payroll employment increases as strong hiring continues

Payroll employment, which is the number of employees receiving pay or benefits from their employer, grew in November 2022 across 10 out of 15 industries, which is a solid sign of a favourable hiring environment and a return to Canada’s pre-COVID economic output.

In November 2022, there were 850,300 open posts nationwide, a decrease of 20,700 positions overall. Since the record-breaking 1 million job postings observed in May 2022, there have been 151,900 fewer openings. This may indicate that economic output of goods and services is continuing its return to pre-pandemic levels.