Wagepoint’s 2026 report finds median hourly pay rose 27% from 2019 to 2025, while part-time roles declined and Gen Z’s share of small-business workers more than doubled.
The survey suggests businesses are increasingly looking at AI as a tool for day-to-day operations rather than simply experimenting with the technology, with productivity and efficiency among the stated priorities.
The implication for retailers is clear: competitive advantage is likely to come less from expanding headcount and more from reskilling existing employees for an AI-enabled future.
The monthly increase in May was concentrated in food and beverage retailers (+5,100; +1.0%), motor vehicle and parts dealers (+1,100; +0.5%) and general merchandise retailers (+1,000; +0.4%).
While most other industries have been cutting youth jobs, the restaurant industry employed an average of 52,770 more youth during the first half of 2026 than during the same period in 2025.
Wages among small and medium-sized businesses rose 4.2 per cent year-over-year in April, compared with inflation of 2.4 per cent, even as overall SMB employment declined 0.9 per cent nationally.
The job vacancy rate—which corresponds to the number of vacant positions as a proportion of total labour demand—held steady at 2.8% for the third straight quarter.
Canada’s retail employment fell in February 2026, but staffing expert Suzanne Sears says the decline may reflect temporary inventory and economic pressures.