Numerous job vacancies unfilled; many more needed to work in Canada

Statistics Canada has recently presented very significant data that reflects the current labor market situation in Canada. As per their report, a large number of vacancies are open in sectors including healthcare and construction. Canada is seeking more skilled workers to work in Canada who can fill the vacancies and save the labor market.

As per the reports of Statistics Canada, there are 874,700 unfilled positions in Canada. These numbers show that there’s a full-blown requirement for skilled foreign nationals in Canada. The latest number of unfilled vacancies is 72% in excess of what was in the fourth quarter of 2019, before the onset of the COVID-19 in 2020.

The job vacancy rate is the number of job vacancies represented as a share of the total vacancies and positions filled. This was 5.1% in November 2021, which was 2.1% more than what it was before the COVID-19 pandemic occurred. This information was also revealed by Statistics Canada.

The transportation and warehousing sector recorded an all-time high number of vacancies with 51,500 in November 2021. This sector’s vacancy (monthly rate) was the highest recorded ever since data was collected from October 2020.

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Healthcare, Accommodation & Food Services, and Construction are the major sectors of the economy that is reeling from the high number of job vacancies. The vacancy rates of these sectors are as follows:

• Accommodation & Food sector – 9.9%
• Healthcare sector – 5.2%
• Construction sector – 5.6%

These high number of job vacancies have occurred even after there was a significant drop in overall vacancies in November 2021, in almost all sectors.

Looking at the largest drop in the number of vacancies by provinces, the largest declines happened in Quebec, New Brunswick, and Newfoundland & Labrador. But in contrast, Manitoba registered a record increase in job vacancies. In all 27,300 new jobs were created. However, the province had only a 4.5% job vacancy rate. This was below the national average that stood at 5.1%.

Statistics Canada’s payroll survey data shows that 37,200 job positions were filled in November 2021. This was 0.4% above the levels before the COVID-19 pandemic. The sectors that registered the increase included public administration, accommodation & food services, scientific, professional, and technical services.

In November 2021, there had been a little change in average weekly hours and wages. Those who earned an average hourly wage worked close to 31 hours per week. Salaried employees worked about 37 hours per week. Average weekly earnings in November 2021 came to CAD 1,131.

With an overall performance indicating recovery and improvement on the economic front, it has become evident that it's highly recommended to work in Canada.

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