The third quarter of 2021 saw Canadian job openings reach a record high of over 912,000 positions. A recent report released from Statistics Canada said the health care, food and retail sectors are leading the trend.
All sectors are showing a 62.1 percent increase in openings compared to the same time in 2019. In the third quarter, the Canadian job vacancy rate also reached a record 5.4 percent or over two points more than the same time two years ago. StatCan said the high vacancies in the job market would contribute to added pressure on wages, forcing them upward.
The latest Canadian job openings are part of a dramatic shift dating back for around six years. From 2015 to current times, the quarterly job vacancies have dropped to the 300,000 to 500,000 range.
The record high is in the middle of growing employment and falling unemployment. Canada is an excellent country for newcomers as diversity is welcomed and celebrated.
The five sectors that made up two-thirds of the increase in Canadian job openings were health care and social assistance, accommodation and food services, retail trade, construction, and manufacturing. Although Canadian job vacancies were high in health care and social assistance, the number of employees receiving pay and payroll employment reached pre-pandemic numbers in December 2020.
As a result, the industry faced a dilemma trying to meet labor demands and increased activity. The highest vacancies were nurse aides, patient service associates, orderlies, registered nurses and registered psychiatric nurse positions.
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