Canada’s hiring index rose to its highest point in months in March, according to The Conference Board of Canada’s latest Canadian Hiring Index. The index saw an impressive 6.7% increase month over month, though job postings decreased 5.1% year over year. As manufacturing, construction, and utilities sectors saw the most notable rise in the index compared to the previous month, increased immigration levels in Canada have been driving both population and labor force growth, resulting in notable employment gains. However, the report suggests unemployment rates could be on the rise in 2023 as the demand for workers from organizations wanes and the ability of an increasing population to find work weakens. With this in mind, the index reveals that Saskatchewan has the most job postings relative to the size of its labor force, signaling tight labor market conditions.