Canada's tech job market has gone from boom to bust in a matter of years, a new study says.
The research released Tuesday by job postings site Indeed says August openings in the sector posted on its platform were down 19 per cent from their early 2020 levels.
"The Canadian tech world remains stuck in a hiring freeze," said Brendon Bernard, Indeed's senior economist.
"While both the tech job market and the overall job market have definitely cooled off from their 2022 peaks, the cool off has been much sharper in tech."
He thinks the fall was likely caused by the market adjusting after a pandemic boom in hiring along with recent artificial intelligence advances that have reduced tech firms' interest in expanding their workforces.
The company said it is hard to tease out which of the fact