Record High Job Vacancies in Canada
The total number of job vacancies has shot up to more than 72%
The job vacancies in Canada have skyrocketed to 957,500 in the first quarter of the year. This is the highest quarterly number recorded by Statistics Canada.
The total number of job vacancies has shot up to more than 72%. It has surpassed the previous record high numbers reported in quarter 4 of 2021 by nearly 3%.
Where there were already labor shortages existing, the Covid 19 pandemic has worsened it even more. The social assistance and the health care sector has reached an all-time high at 136,800 vacancies.
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The job vacancies are witnessing an upward trend in the manufacturing and retail sectors as well. The construction sector saw an increase of over 7% from the last quarter of 2021. However, there was a little decline in the science and technology sector where the vacancies were 68,800, which is a little lower that the number of the last quarter. The job vacancies also decreased a little in the sector of food services by 12%
There are significant challenges being faced by Canadian employers. Where for every 100 job vacancies, only 34 candidates were hired. For over 100 vacancies, 23 and 50 candidates were hired respectively in the healthcare and the scientific sector.
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