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The Big Story
Is the Canadian job market really improving?
Oct 26, 2024
Emily Durham, a Toronto-based career coach and host of the Straight Shooter Recruiter podcast, dives into the current Canadian job market. She discusses the recent creation of 47,000 jobs amidst rising living costs and declining labor force participation. Emily emphasizes the critical role of networking for job seekers and provides strategies for navigating negotiations for promotions and raises. The conversation highlights both optimism for gradual recovery and the reality of ongoing challenges, especially in sectors facing layoffs.
16:30
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Quick takeaways
- Despite 47,000 new jobs added in September, declining labor force participation reveals many are withdrawing from the job market due to uncertainties.
- In a competitive job landscape, effective networking and relationship-building are crucial for job seekers to stand out beyond qualifications.
Deep dives
The Role of Business Insurance for Self-Employed Individuals
Self-employed individuals often underestimate the necessity of business insurance, believing that their small size makes them less susceptible to risks. However, incidents such as equipment theft, fires, or lawsuits from unsatisfied customers can have devastating effects on a small business. Investing in a customized business insurance policy can offer peace of mind and financial protection, starting at an affordable rate of $19 per month. This proactive measure ensures that business owners aren't caught off guard by unexpected events, allowing them to focus on growth rather than potential setbacks.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode