The report from Q3 Statistics Canada regarding job vacancies suggests a productive hiring climate.

The job vacancy report from (Q3) Statistics Canada for the third quarter of this year reflects a trend seen throughout 2022 as Canada is still facing a high level of labor shortage with employers continuously trying to fill in the 959,600 job vacancies present in numerous industries in the country.

A job position is classified as vacant if:

• A specific position exists

• Work could start within 30 days

• The employer is actively looking for workers from outside the organization to fill the position.

 Although the number of job vacancies has decreased by 3.3% compared to the start of the year the demand for labor remains elevated due to the large number of Job vacancies still present.

Average wages increase as employers look to attract more workers

Due to the large demand for labor that has emerged in multiple sectors and the shortage of workers making hiring difficult employers are looking to increase the wages they are offering for vacant positions in hopes of attracting suitable workers as soon as possible. The new salaries compared to those from the start of the year have been increased by 7.5% in most areas while specific in-demand occupation categories experienced an even higher increase than the national average

Some of these categories include:

• Middle management in trades, transportation, production, and utilities (+10.8% to $41.40 an hour);

• Assisting occupations in support of health services (+10.7% to $22.45 an hour);

• Assemblers in manufacturing (+10.4% to 20.05 an hour); and

• Processing and manufacturing machine operators and related production workers (+10.2% to $20.02 an hour).

At the same time, the average hourly wages of all workers also increased by 5.3% within the same period.

Sectors with the most Job vacancies?

Although there are many sectors with a large number of Job vacancies however the most notable one is the healthcare and social assistance sector most notably, Canada reached a new record high of job vacancies in the healthcare and social assistance sector having over 150,100 job vacancies in the third quarter of the year.

Ever since the start of the Covid-19 pandemic, there has been a great demand for healthcare workers. In response to this demand, the (IRCC) Immigration Refugees and Citizenship Canada have removed multiple barriers to permanent residence for physicians along with investing millions into streamlining the accreditation of foreign-educated healthcare professionals as the country looks to address this historic labor shortage especially to fill the job vacancies in the healthcare sector.

Some of the other industries that saw a significant number of job vacancies included:

• Accommodation and food services, with 140,000 job vacancies;

• Construction, which saw its historic high of 81,000 vacant positions; and

• Professional scientific and technical services with 63,100 job vacancies.

Provinces with the most job vacancies

Although the job vacancy rate was high throughout Canada however, certain provinces experience it at a much higher level than others. An example of such provinces can be Manitoba and Saskatchewan, both of which experienced an increase of 10.7% and 7.5% respectively in their job vacancy rate. This also represents the province’s high desire to hire skilled workers.

Moreover, at the same time, Quebec, Ontario, and British Columbia all experienced the opposite situation and had a decrease in the number of Job vacancies compared to the second quarter of 2022. Still, despite this decrease, the number of job vacancies continues to remain high in each province.

The job vacancies in each province are shown below:

• British Columbia: 155,400 vacancies

• Manitoba: 32,400 vacancies

• Ontario: 364,000 vacancies

• Quebec: 232,400 vacancies

• Saskatchewan: 24,300 vacancies

• Alberta: 103,380 vacancies

• New Brunswick: 16,430 vacancies

• Newfoundland and Labrador: 8,185 vacancies

• Northwest Territories: 1,820 vacancies

• Nova Scotia: 22,960 vacancies

• Nunavut: 405 vacancies

• Prince Edward Island: 4,090 vacancies

• Yukon: 1,720 vacancies

*Not seasonally adjusted figures.

A look forward

As Canada tries to tackle the high labor demand it has become heavily reliant on immigration to do so. As such the government has implemented many changes that would promote the intake of skilled immigrants that could become part of the workforce in the future. It is also due to this that the Express Entry system is estimated to see a trend of targeted draws for in-demand professions in Canada, starting in 2023. Thanks to these changes people can now somewhat expect which candidates are likely to receive ITAs from the IRCC by taking a look into job vacancies within the multiple work sectors of Canada.

Aside from this Canada has also taken the following measures to maximize the workforce within the country:

•  granting Open Work Permits (OPWs) to families of LMIA-based work permit holders,

• uncapping the number of hours that international students can work

These policy changes, are to be implemented until December 31st, 2023, and reflect the strong hiring climate of the country and how long it is expected to last.

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