A new study says Canada’s tech job market has gone from boom to bust in a matter of years.
The research from job postings site Indeed says August openings in the sector posted on its platform were down 19 percent from their early 2020 levels.
Indeed says the fall was likely caused by either the market adjusting after a pandemic boom in hiring or recent artificial intelligence advances that have reduced tech firms’ interest in expanding their workforces.
Indeed says it is hard to tease out which of the factors was more to blame because tech job postings were already plunging when chatbot ChatGPT was released in late 2022 and triggered a surge of interest in AI….