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CIC News Canadian job vacancies continue climbing to new record heights in June Statistics Canada recently released its monthly update on payroll employment, earnings and hours, and job vacancies for June 2022. The job vacancies portion of this update revealed that Canada had over 1,000,000 job vacancies in May of this year. Discover if You Are…
CIC News Canada’s high job vacancy rate means immigration will be even more critical to the labour market in the future Canada’s unemployment rate is at a record low of 5.1%, resulting in significant worker shortages. Job vacancies are more than 80% higher than they were pre-pandemic. These vacancies are in large part due to…
CIC News Canada’s unemployment rate down to record-low 5.1% Canada’s unemployment rate hit a new record-low of 5.1%, the lowest point it’s been since comparable data became available in 1976. Statistics Canada reported in its most recent Labour Force Survey that the labour force gained 39,800 jobs in May, mostly in full-time work. More than…
CIC News Canada’s employment growth slows in January due to Omicron The surge of Omicron cases in Canada forced businesses to close in January. As a result, Canada lost 200,000 jobs and unemployment rose to 6.5%. Statistics Canada’s newest Labour Force Survey captures Canada’s labour data from the week of January 9 to 15. By…
CIC News Canada added 55,000 jobs in December Canada’s employment rose 55,000 in December, while unemployment was little changed. Statistics Canada’s Labour Force Survey captured economic conditions during the week of December 5 to 11. The reference week was just before the Omicron variant became widespread in Canada, causing a surge in cases. Public health…
CIC News Canada’s job vacancies reach record high in Q3 2021 Canada had an all-time high of 912,600 job vacancies in the third quarter of 2021, according to a new Statistics Canada report. This occurred as Canada’s economy continued to recover amid the easing of public health restrictions. The record-high level of job vacancies was…
CIC News Job growth in Canada exceeded expectations in November With employment soaring beyond predictions and unemployment dropping to near pre-pandemic levels, new labour force data suggest that Canada is on its way to a full economic recovery. This past November, Canadian employers added 154,000 jobs to the economy. Last month’s growth exceeded analysts’ predictions…
CIC News Canada had more than 1 million job vacancies in September Canada’s economy continues to recover from the coronavirus pandemic, according to a new Statistics Canada report. A total of 91,100 people were added to payrolls across Canada in September, representing the fourth straight monthly increase. Payroll employment increased in eight provinces. Ontario led…
CIC News Canada employment regains pre-pandemic levels in September Canada’s economy gained 157,000 jobs last month, bringing the employment rate to within a percentage point of pre-pandemic levels. Statistics Canada’s Labour Force Survey captured the Canadian labour market for the week of September 12 to 18. That week, several provinces had introduced proof-of-vaccination requirements to…
CIC News Canada recovers 90,000 jobs in August The number of people employed in Canada almost caught up to pre-pandemic levels in August, according to the newest Labour Force Survey. Canada’s employment rose by 90,000. These gains from August and the months prior brought Canada’s employment up to just 156,000 employees short of February 2020…