Over a million vacancies in Canada for the third month in a row
Canada Immigration News: Canada’s troubles with a tight labor market raged as job vacancies remained above the one million mark for the third consecutive month in June.
In his Payroll employment, earnings and hours of work and job vacancies, June 2022 report, Statistics Canada noted on Thursday that there were both more workers in paid jobs in Canada — and more jobs begging for a shortage of workers to fill them — during that month.
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“Vacancies increased by 3.2%, up 32,200 jobs, in June, and employers in Canada were actively recruiting more than one million, exactly 1,037,900, job vacancies for the third month in a row,” noted the statistical and demographic services agency.
“Total labor demand (the sum of filled and vacant positions) reached a record high of nearly 17.7 million in June, or 1.4%, or 238,700 jobs, higher than in May and up 9.4%, or 1,526,000 jobs, year-over-year.
Job creation in June was strongest in the services sector, which added 88,000 jobs. Educational services added 26,400 jobs, accommodation and food services 16,600, professional, scientific and technical services 8,800 and health care and social services increased by 8,400 jobs.
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The only service sector to contract during the month was public administration which shed 3,900 jobs.
In the goods-producing sector, construction companies added 7,800 workers and mining, quarrying, and oil and gas companies hired 1,900 in June.
With the COVID-19 pandemic exacerbating the already fragile healthcare system, hospitals, clinics and other health and social care employers scrambled to fill 149,700 job vacancies in June, having done only little progress in addressing their labor shortages from the record high reached in March. .
Health and social care employers were looking to hire 149,700 workers in June
The number of health care and social assistance jobs that are short of employees is now 40.8%, or 43,400 positions, higher than it was in June of last year.
As the summer tourist season was in full swing, hotels, motels, restaurants and catering businesses really started to feel the pinch of labor shortages.
“In the accommodation and food services sector, job vacancies increased by 6.6%, up from 10,600 to 171,700, in June and by 38.8%, or 48,000 positions, on an annual basis,” noted Statistics Canada. “The vacancy rate in the sector was 12.2%, more than double the average for all sectors.
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As the Canadian economy slowly returned to some semblance of normalcy, stores across Canada were desperately trying to hire staff.
“In retail, job vacancies rose 15.3%, up 15,200 jobs to 114,400 in June, despite wage employment in the sector returning to pre-pandemic levels. of February 2020 for the first time,” notes Statistics Canada.
“Vacancies were 22.5%, up 21,000 positions, more than in June 2021, and the vacancy rate was 5.4%.”
Available jobs correspond to the number of unemployed in Canada
Across the country, the labor shortage could only be reduced if every unemployed person in Canada found a job tomorrow, says the federal agency.
“Nationally, the jobless-to-job vacancy ratio hit a record low of one in June, meaning there was one unemployed person for every job vacancy. This ratio was 1.9 in June 2021.”
However, unemployed workers are often not in the same province as the jobs available and there is often a mismatch between their particular skills and experience and those required by employers.
In Quebec, British Columbia, Saskatchewan and Manitoba, the labor market is particularly tight. In these four provinces, there are simply not enough unemployed people to fill the available jobs, even if all of the unemployed had the skills and experience needed for those jobs and get a job the next day.
“The unemployment-to-job vacancies ratio was below one in four provinces in June, including Quebec, British Columbia, Saskatchewan and Manitoba,” says Statistics Canada.
In Newfoundland and Labrador, however, there were 2.7 unemployed workers for every job available in June, the highest unemployment-to-vacancy ratio among the provinces.
Employers hoping to hire a foreign national can tap into this international talent and workforce through the Temporary Foreign Worker Program (TFWP) and; the International Mobility Program (IMP).
The Global Talent Stream (GTS), which is part of the (TFWP), can, under normal processing situations, lead to the granting of Canadian work permits and the processing of visa applications within two weeks.
Employers can also bring in foreign nationals to fill available positions through the Express Entry system, which receives immigration applications online.
Candidates who meet the eligibility criteria submit an online profile known as an Expression of Interest (EOI), under one of the three federal immigration programs or a provincial immigration program participant, at the Express Entry pool.
Candidate profiles are then ranked against each other using a points-based system called the Comprehensive Ranking System (CRS). Top-ranked applicants are considered for Invitations to Apply (ITA) for permanent residency. Those who receive an ITA must promptly submit a complete application and pay the processing fee within 90 days.