B.C. wage growth slowing as West Coast job posting drop by 15% annually: think tank

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The number of job postings up slightly in August after a steady decline through most of 2023, says Conference Board of Canada

Online job postings in B.C. have fallen steadily through most of 2023, signalling an ease in the tightness of the province’s labour market, according to a new report.

“Declining labour market tightness suggests that finding workers is becoming less of a challenge. At the same time, wage growth is decelerating, slowly but surely,” reads the think tank’s report. Lower hiring activity is also translating into weak employment growth, particularly in construction and in-person services in the province, according to the report.

 

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