Ontario and Saskatchewan Inject 400,000 Job Vacancies in Just a Month

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• As the Canadian economy bounces back after the
  pandemic and job openings continue to rise,
  provinces such as Ontario and Saskatchewan are
  moving ahead by adding 400 000 jobs in just one
  month. There were 994 800 job vacancies in Canada
  in September, an increase of 3.8 in all sectors.
  The majority of these jobs had been added in
  Ontario and Saskatchewan. With this latest
  addition, Canada's job vacancy rate is 5.7.
• For More Details Visit bit.ly/3HkPuzQ

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Why so many jobs in Canada?   Canada is currently
going through an acute labor shortage across all
sectors. Canadian employers have difficulty
recruiting the right kind of workers they need to
fill a job position. More employees are leaving
compared to the number of new joiners. It is
mainly because many people are retiring in
Canada, worsening the labor shortage crisis. In
August 2022, Statistics Canada stated that 11.9
of permanent employees might leave their jobs in
the next 12 months. Many aged between 55 and 64
also reported that they retired from their
position after the fall of the pandemic.
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Sectors with the highest rate of vacancies in
Canada   Some sectors in Canada continue to have
an increased job vacancy rate than others. They
are   Healthcare and social assistance   Employer
s in Canada are actively seeking to fill job
positions in the healthcare and social assistance
sector. There were total 159 500 job vacancies in
September, which is a record high.
  Accommodation and Food Services   This sector
needs a lot of experienced workers, as there were
152 400 vacant positions in September, an
increase of 12 from August.
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Professional Scientific and Technical
Services   Another industry with the highest
number of job vacancies in Canada. Professional
Scientific and Technical Services is one such
sector with a consistent demand for skilled
laborers. The Statistics Canada report revealed
61 900 open positions in legal services,
accounting, architecture and engineering,
computer systems design, advertising, and public
relations. The industry's job vacancy rate of 5
is equivalent to the national average, meaning
there will be more positions in the
future.   Manufacturing   Manufacturing has a
low number of job openings compared to other
sectors. The job positions declined for the
manufacturing industry in September 2022 from a
record high of 92 000 to 76 000 jobs in just a
month.
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What about payroll?   As the job vacancies are at
their peak in Canada, many wonders did the
country also increase the payroll. An increase in
payroll indicates that a business is flourishing
and healthy. In Canada, payroll increased by 0.5
in September in provinces like Quebec, Alberta,
and British Columbia.   The sectors with the
highest addition in terms of employment after
increasing payroll
Sectors No. of employees benefitted
Healthcare and social assistance 20,700 employees
Accommodation and food services 8,400 employees
Retail Trade 8,200 employees
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