Description: It’s hard to figure out what’s going on these days in the job market. One day, restaurants and retailers are jamming their windows with help wanted signs. Then, you turn around and find retail giant Canadian Tire is laying off three percent of its workforce, citing declines in business as prompting the move. Reports say job postings for Christmas season jobs, a normally vibrant time in the retail business, are down 30 percent this year.
Date: November 9, 2023
1) Have you ever had a Christmas season retail job during your time at university?
2) Do you see a lot of job postings or help wanted signs in your university town?
3) Page 8.1 of Wiley’s Understanding Financial Accounting discusses Canadian Tire’s long-term assets. What intangible assets are owned by Canadian Tire?