Charts show economic trends heading into 2022
Who doesn’t love a good chart, especially when they remind us that there’s a lot to be optimistic about despite our current uncertainty. Stephen Tapp, chief economist with the Canadian Chamber of Commerce, put together his insights on Canada’s labour force. Data shows that employment recovery exceeded expectations in 2021, though the Omicron wave will undoubtedly drag down the numbers for the next reporting period. “Even before these restrictions, many small businesses were struggling with rising input costs, labour difficulties and supply chain disruptions,” Tapp says.
Once you’re done perusing Tapp’s charts, you might want to check out Maclean’s Chart Week 2022. The national magazine offers a handful of charts showing how Canada’s economy is faring in a number of areas.