Why more Canadians are holding onto their jobs

More Canadians are staying in their current roles even when they are unhappy, a trend some labour observers call “job hugging.” The CBC Radio Cost of Living report says weaker hiring, economic uncertainty, and fewer incentives from employers are making workers less willing to switch jobs. The article cites Bank of Canada and Statistics Canada data showing that jobtojob moves have fallen since 2022. It also notes that Canada’s unemployment rate has risen and that employers are being more cautious about adding staff. Economists quoted in the piece say the shift reflects a lowerhire, lowerfire labour market. They warn that reduced job movement can make it harder for workers to find better matches and may weaken longterm workplace incentives, while some companies are also cutting benefits and flexibility they had offered earlier in the postpandemic period.