Canada has more than 883,000 Job vacancies

Canada Global (Web News) Following six months of continuous reductions, Canada’s job openings increased 3.4% in January, thanks to expansion in the provinces of Quebec and Newfoundland and Labrador.

In January, there were 883,200 open positions across all areas of the Canadian economy.

According to Statistics Canada’s Payroll Employment, Earnings and Hours, and Job Vacancies, January 2023 Report, the sectors of transportation and warehousing, healthcare, and social assistance saw the greatest increase in job openings.

During the first month of the year, employment in transportation and warehousing increased by 14,500 positions, while employment in healthcare and social assistance increased by 12,400.

The statistical and demographic services department reports a 29,000 position increase in the number of open positions nationwide.

Despite the rise in the number of positions being unfilled due to a shortage of eligible candidates, the job vacancy rate itself did not change in January and remained at 4.9%, since the total labour force expanded as more people secured paying jobs.

The number of employees classified as “payroll employees” in the Survey of Employment, Payrolls and Hours climbed by 71,100, or 0.4%, in January 2023 after increasing by 53,700, or 0.3%, in December 2022, according to Statistics Canada.

“During the past five months, total payroll employment has typically increased, with gains of 275,400 jobs filled, up 1.6% from September 2022 to January 2023.”

The most recent Labour Force Survey shows that the Canadian labour market is still extremely tight, with the unemployment rate remaining at 5%.

Due to the rise in job openings in the healthcare and social support industries, there are now 162,100 open positions.

Additionally, there were 49,600 open positions in the transportation and warehousing industry, 53,900 in the administrative, support, and waste management and remediation services industry, 15,700 in the information and cultural industries, and 12,300 in the real estate, rental, and leasing industry.

Although there were 10.9% fewer job openings in the professional, scientific, and technical services sector in January, there were still 50,700 opportunities available.

In January, both the industrial and educational services sectors saw comparable conditions. Despite a 4,200-drop in manufacturing job openings, there were still 66,600 openings.

Québec, a francophone province, and Newfoundland and Labrador, an Atlantic Canadian province, were the provinces with the tightest labour markets.

In January, there were a record 223,800 open positions in Quebec due to a shortage of workers in that province’s labour market, an increase of 10,400. The number of open positions in Newfoundland and Labrador increased by 1,500 to 8,000 that month.

The Comprehensive Ranking System is then used to compare candidate profiles based on a points-based approach (CRS). The applicants who score the highest will be invited to apply (ITA) for permanent residence. Individuals who receive an ITA have 90 days to complete their applications, pay processing fees, and submit them in full.

Nearly all of Canada’s 10 provinces and three territories have the ability to propose skilled worker candidates for immigration to Canada if they possess the particular talents needed by regional economies through a network of Provincial Nominee Programs (PNP). Successful candidates who acquire a provincial or territory nomination can next apply to the federal immigration authorities for permanent residency in Canada.

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