The 2016 Employment Outlook from the Organization of Economic Cooperation and Development shows Canada is almost back to pre financial crash employment levels.
The report shows the employment rate among workers between 15 to 74 was 65% in the first three months of 2016, just two percentage points under pre crisis levels.
#Employment rate in OECD area set to return to pre-crisis levels in 2017 | https://t.co/XtnDeQc7ii #jobs @OECD pic.twitter.com/wVZe7v41C6
— OECD Social (@OECD_Social) July 7, 2016
Despite the collapse of commodity prices, like oil, unemployment continues to decline nationally from a recession peak of 8.6% to 6.9% in May of this year.
The bad news is real wage growth in Canada continues to be sluggish, and 13% of Canadians aged 15 to 29 are neither employed, nor in education or training.
The full report is available on the OECD website below, while Canada specific data can be found HERE
Job market recovering but #wage growth remains weak: See #Employment Outlook 2016 https://t.co/zycH2nafTx #jobs pic.twitter.com/nPjRMbnliN
— OECD (@OECD) July 7, 2016
