Statistics Canada says job vacancies down in October, lowest level since August 2021

OTTAWA –

Statistics Canada says the quantity job vacancies fell by 4.8 per cent in October to their lowest stage since August 2021.

The company says the variety of job vacancies fell by 44,300 to 871,300 in October.

The month-over-month drop got here as vacancies within the development sector fell 17,200 or 20.4 per cent and administrative and assist, waste administration and remediation providers dropped 11,000 or 19.9 per cent.

Statistics Canada says no sector recorded a statistically important improve in its variety of unfilled positions, though vacancies remained close to file ranges in well being care and social help.

The general job emptiness fee — the variety of vacant positions as a proportion of complete labour demand — was 4.9 per cent in October, the bottom since June 2021.

There have been 1.2 unemployed individuals for each job emptiness in October, up from the low of 1.0 in June, however down from 2.0 in February 2020, earlier than the pandemic.

This report by The Canadian Press was first printed Dec. 22, 2022