Canada Jobs – Report Shows 429,000 Vacancies Exist For The Quarter
A Report of the Canadian Federation of Independent Business covering the Canada Jobs reveals that the job vacancy rate in the private sector was a record high at 3.2 percent consecutively for the fourth quarter. Totally, 429,000 private sector jobs were not filled.
There was a decrease In Saskatchewan, where the vacancy rate was 2.1 percent that represents 7,400 vacant jobs.
Canada Jobs – Mixed Results
There was an increase in Job vacancy rates in five provinces and Quebec, British Columbia and Ontario forced the trend. Also there was a pressure to increase salary in the firms having vacant positions. The rate of job vacancies is a sign of an increasing economy; the trend can lead to labor shortages becoming an obstacle for the businesses.
Employers having the vacancies push up the average wage levels by 2.3 percent in comparison to the 1.5 percent growth in businesses without a job opening. Firms having less than five employees were hit hard, and reached a rate of 5.4 percent.
Jobs in Canada More Vacancies in the Provinces
Quebec and British Columbia had a tight labor markets, and a vacancy rate of 3.9 percent. Ontario had a drop but was above the national average of 3.2 percent. These provinces had a vacancy rate below the national average.
New Brunswick (3.1 per cent),
Manitoba (2.6 percent),
PEI (2.2 percent)
Newfoundland & Labrador (2.0 percent)
Nova Scotia had a vacancy rate of 2.3 percent, and Saskatchewan of 2.1 percent followed by Alberta 1.9 percent.
Prince Edward Island
Newfoundland & Labrador
Jobs in Canada – Vacancies by Industry
The vacancy rate in the personal services industry was 4.9 percent, and the construction industry had a rate of 4.8 percent followed by Hospitality 3.7 percent, agriculture, enterprise management, professional services, health services, and transportation all jointly at 3.4 percent, trending above the national average. The vacancy rate in the information sector was 2.1 percent.
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