The private sector in Canada is facing the highest ever job vacancy rate. The Canadian Federation of Independent Business (CFIB) issued a media release recently. The media release stated that the job vacancy rate has been at 3.2% for the last 4 quarters in Canada. This equates to 429,000 jobs waiting to be filled in the second quarter of this year. This is 23,000 more than the number of vacant jobs in Q2 of 2018.
At 3.9%, British Columbia and Quebec had the highest job vacancy rate in Canada. More than 116,000 remained vacant in Quebec while British Columbia had 74,700 unfilled jobs.
Ontario had a job vacancy rate of 3.2%. The vacancy rate of New Brunswick was slightly lower than the national average at 3.1%.
With 11,500 vacant jobs, Manitoba’s job vacancy rate was 2.6%, as quoted by CIC News.
There was a slight increase of 0.2% in the vacancy rate of Prince Edward Island at 2.2%.
The job vacancy rate of Nova Scotia remained steadfast at 2.3% while there was a 2% increase in that of Newfoundland and Labrador.
There was a drop in the job vacancy rate of Saskatchewan and Alberta.
The province with the lowest job vacancy rate in Canada was Alberta at 1.9%.
With 7,400 vacant jobs, Saskatchewan had a job vacancy rate of 2.1%.
|Job vacancy rate||Change|| |
No. of vacant jobs
|British Columbia|| |
|New Brunswick|| |
|Nova Scotia|| |
|Prince Edward Island|| |
|Newfoundland and Labrador|| |
Industry-wise, the highest job vacancy rate was in the personal services industry at 4.9%. Construction followed with a vacancy rate of 4.8% and Hospitality with 3.7%.
The vacancy rate in Health services, Agriculture, Enterprise Management and Professional services was 3.4%.
The lowest job vacancy rate was in the Information Technology sector in Canada at 2.1%.
Y-Axis offers a wide range of visa and immigration services as well as products to the aspiring overseas immigrants including Australia Visitor Visa, Canada Evaluation With Registered Canadian Immigration Consultant, and Canada Express Entry
If you are looking to Study, Work, Visit, Invest or Migrate to Canada, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.
If you found this blog engaging, you may also like…