Strong job growth has resulted in the lowest unemployment rate since the financial crisis began in 2007.
According to the Oshawa census area which includes Whitby and Clarington, the current unemployment rate is at 5.1%.
Heather McMillan, Executive Director of Durham Workforce Authority, indicates that a 4% unemployment rate is considered close to full employment. When the unemployment rate is low, businesses can experience challenges in meeting their labour needs.
In Durham Region, it is a job seekers market. There are many jobs available and employers are having difficulty filling them, especially in the service industry.
Darryl Koster, owner of Buster Rhino’s restaurants in Whitby and Oshawa states that every restaurant is searching for labour.
He states, “We’ll book 40 or 50 interviews in at a time and we’ll get two or three people show. When we hire them they don’t come back in to work.”
Read Employment E-News – December 2017 – Labour Laws are Changing
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