Canada job vacancies hit 506,000 in Q1 of 2020. Statistics Canada reported that Canada job vacancies in the first quarter of 2019 hit 506,000, an increase of 44,000 over the same period in 2018. This marks the tenth consecutive quarter to post a year-over-year increase in both the number of Canada job vacancies and the job vacancy rate.
Canadian employers are experiencing labour shortages due to the country’s ageing population and the rising number of Canadians who are reaching retirement age. These phenomena are creating huge demand for foreign skilled workers in the Canadian market.
Canada job vacancies hit 506,000 in Q1 of 2020
Job vacancy increases were reported in six provinces and the territory of Nunavut. Quebec saw the greatest year-over-year increase in job vacancies in Q1 of 2019, with an increase of 21,400 vacancies or 23 per cent over same period in 2018. Ontario experienced the second-highest year-over-year increase at 12,400, while British Columbia came third with job vacancy increase of 9,300.
Statistics Canada reported that nearly 80 per cent of the Canada job vacancies were for permanent positions.
Vacancies up in several industrial sectors
Job vacancies increased in 7 of 10 industrial sectors during the first three months of 2019 compared to the first three months of 2018.
Statistics Canada said the growth was driven by increases in the health care and social assistance sector as well as professional, scientific and technical services.
Manufacturing, retail trade, accommodation and food services and educational services also experienced significant year-over-year increases in job vacancies during period.
Canada’s federal immigration policy and the provinces/terrtories have devoted a substantial portion of their economic immigration plans to address labour shortages in the country. For example, in 2018, federal immigration target was 310,000 immigrants. Of these, 57% fell under the economic category, 28% fell under the family class and 14% fell under protection programs (for example, refugees). Canada plans to welcome 330,800 immigrants in 2019, 341,000 immigrants in 2020, and 350,000 immigrants in 2021.
Canada uses the Express Entry system to manage applications for permanent residence under economic immigration programs for all Canadian provinces and territories (other than Quebec).
Express Entry Program allows Canada to actively recruit, assess and select skilled immigrants under the following federal economic immigration programs: the Federal Skilled Worker Class; the Federal Skilled Trades Class; and the Canadian Experience Class.