The job vacancy rate in Canada’s private sector is at a record high. The CFIB (Canadian Federation of Independent Business) recently issued a media release. As per the media release the vacancy rate in Canada has been at 3.2% for the last 4 quarters. This means at least 429,000 jobs went unfilled in the second quarter of 2019. It is 23,000 more than the number of unfilled jobs in the second quarter of 2018.
Quebec and British Columbia had the highest job vacancy rate at 3.9%. This means that there were 116,000 unfilled jobs in Quebec and 74,700 in British Columbia.
The job vacancy rate in Ontario was at 3.2%. New Brunswick’s job vacancy rate was slightly below the national average at 3.1%.
Manitoba’s job vacancy rate was 2.6% which means there were 11,500 unfilled jobs, as per CIC News.
Prince Edward Island saw a slight rise of 0.2% in its job vacancy rate at 2.2%.
Newfoundland and Labrador’s job vacancy rate rose by 2% while Nova Scotia remained steady at 2.3%.
The job vacancy rates in Alberta and Saskatchewan saw a drop. Alberta had the lowest job vacancy rate in Canada at 1.9%. The job vacancy rate in Saskatchewan was 2.1% with 7,400 unfilled jobs.
|Province||Job Vacancy Rate||Change||No. of unfilled jobs|
|Prince Edward Island||2.2%||+0.2%||1,000|
|Newfoundland and Labrador||2.0%||+0.1%||3,000|
The job vacancy rate was the highest in the personal services industry at 4.9%. Construction and Hospitality followed with 4.8% and 3.7% respectively.
Professional services, Agriculture, Enterprise management, and health services had a vacancy rate of 3.4%
The IT sector had the lowest job vacancy rate at 2.1%.
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