Job openings in Canada remained above pre-COVID levels in October, particularly in industries such as food services, health care, and IT (Information Technology). The unemployment rate decreased to 7.1%, down from 7.5% in July, the lowest figure since the beginning of Pandemic. According to Statistics Canada, there were 871,600 job openings in Canada, with significant increase over the previous month, where 805,500 job vacancies were reported.
Economists predicted that it would show another sign of gain as restrictions were relaxed across parts of the nation, providing the labour market another push. In August, the number of job openings in professional, scientific, and technical services hit a new high of 61,300 which is a 67% increase over the number of openings in the third quarter of 2019. Employment growth in this industry sustained since it was one of the least affected by public health measures due to the pandemic.
National Democratic Party (NDP) of Canada leader, Jagmeet Singh believes that investment in social services including as pharma care, dental care, and mental health support would lead to higher job creation.
In August, employment increased in Ontario, Alberta, Saskatchewan, and Nova Scotia, while other provinces saw little or no change. British Columbia remained the lone province with employment that was higher than it was before the outbreak. Overall, employment was within 156,000 jobs, or 0.8%, of the level reported in February 2020 before the COVID-19 outbreak began.
Registered nurses and registered psychiatric nurses saw the highest job openings in the second quarter of 2021, compared to the first quarter of 2019. Almost half of the job openings in this sector were available for at least 90 days.
According to the analysis, Canada could add nearly two million workers to the labour market by better integrating youths, immigrants and providing incentives for older workers to stay, including more workplace flexibility and phased retirement opportunities.
“While high job vacancies can be an indicator of growing employment, they can also be a signal of high turnover, labour shortages or mismatches between the characteristics of vacant positions and those of available workers,” says the report according to Statistics Canada.
Check out Owlspriority Immigration’s Canada Settlement Resources to learn more about ways to find a new job in Canada, making your initial days in Canada stress-free and confident, etc.