Canada has 633,400+ Job Vacancies since September 2023

Highlights: Job vacancies in Canada remain unchanged

• More than 633,400 job vacancies are available in Canada since September of 2023.
• There was an increase in payroll employment and the number of job vacancies across various sectors.
• Quebec and British Columbia also saw a rise in number of job vacancies.

 

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Various sectors see a rise in job vacancies

The total number of job vacancies (633,400) in October remained unchanged from September. The public administration, utilities, and finance and insurance sectors also saw a rise in job vacancies. There were 1.9 unemployed people for every vacant position, which is an increase from 1.3 in March and April.

In the Survey of Employment, Payrolls and Hours, employees receiving benefits and pay from their employer known as payroll employment saw an increase of 36,200 (+0.2%) in September. Additionally, number of job vacancies from September remained unchanged.

 

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Payroll employment increased in various sectors in October

Payroll employment saw a rise in manufacturing sector in Quebec. Healthcare and social assistance saw a rise for the third time consecutively.

Payroll employment in public administration continued to increase for the fourth consecutive month increasing the overall gain in sector to 27,000. Biggest monthly gains were seen in provincial and territorial public administration, and federal government public administration.

 

Month	Sector	Increase in payroll employment
October	Manufacturing	0.3%
	General medical and surgical hospitals	1.2%
	Child day care services	2.5%
	Nursing care facilities	0.4%
	Healthcare and social services	2.4%
	Public administration	0.3%
	Provincial and territorial public administration	1.4%
	Federal government public administration	0.3%
	General merchandise retailers	0.4%
	Warehouse, clubs, supercentres, other general merchandise retailers	0.9%
September	Construction	0.3%

 

Average weekly wages rise year over year in October

An increase in the average weekly wages is seen on various factors such as duration worked, job composition, and wage changes. Average weekly wages ($1,222) showed little changes month over month for the third consecutive time. Wages for construction and other services increased to $1,522 and $1,053.

 

Month	Increase in average weekly wages
September	3.9%
October	4.0%

 

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Job vacancies in the month of October

Many sectors in October saw an increase in the number job vacancies. There were 1.9 unemployed people for every available position, which is an increase from 1.3 in March and April but essentially steady from September.

There was a minimal change in job vacancies in the health care and social assistance sector (130,200) and witnessed the highest job vacancy rate of 5.3%. Job vacancy rate in the finance and insurance sector increased to 2.6% in October.

 

Month	Sector	Job Vacancies	Increase in %
October	Public Administration	+2,500	18.1%
	Utilities	+1,100	48.9%
	Finance and Insurance	+6,600	41.6%

 

Job vacancies in Canadian provinces

In October, the job vacancies in Quebec saw an increase to 151,100 and 108,600 in the British Columbia with the job vacancy rate of 4.3% and the lowest was seen in Newfoundland and Labrador of 3.0%.

 

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