The total number of vacancies accumulated in the two cities during the month of September was a record-breaking 4 Lakh, which was released to the public.
Monthly, the number of job vacancies increased in Ontario by 375,700 and Saskatchewan by 26,700, while other provinces either declined or remained unchanged.
According to the statistical data presented by the Canadian government, there were an average of 1.0 jobless workers for every job vacancy in Canada, compared to 1.3 in the month of August. The issue of unemployment has been faced since the beginning of the COVID-19 pandemic. The ratios of unemployment-to-job vacancies create a massive variation across Canada.
For multiple sectors, the number of job vacancies was recorded at around 994,800 during September. Due to seasonal interpretations, the vacant positions in the food and service industry were more than 1,52,400 which is an increase of twelve percent from the previous month.
In the Health care and social assistance sectors, companies were seeking employees to full fill vacant positions at a record of 1,59,500. Compared to September 2021, vacancy increased by 32,800, recording the largest annual vacancy increase among all industries.
Immigration has to be the most powerful tool in the hands of the Canadian government to fulfill labor shortages throughout the country. The Canadian government and Immigration Refugees and Citizenship Canada (IRCC), as more and more of Canada’s older population retires, it continue to take action to address the looming labor shortage.
Canada has openly declared their plan to allow 5,00,000 people to arrive each year by 2025.
“There were a million jobs available in the Canadian economy at a time when immigration already accounts for nearly all of our labor force growth,” Immigration minister Sean Fraser said when announcing Canada’s new immigration levels plan. “We cannot maximize our economic potential if we don’t embrace immigration.”
