The Canadian Federation of Independent Business (CFIB) has released a report stating that over 435,000 private sector jobs in Canada going unfilled since January-June 2019.
Canada’s vacancy rate has been climbing steadily in recent years, now peaking at 3.3%, this steady increase is to create more room to welcome talented international hands to assist with the economic boost. With the Occupation-In-Demand pathways, Canada is able to pick candidates who are overly qualified in various fields to introduce various techniques in ensuring that the labor needs of the economy are met.
CFIB has determined that in total, 435,000 jobs sat unfilled for from January 1st to March 31st in Canada. The provinces experiencing the greatest vacancy rates for private businesses are Quebec, British Columbia, and Ontario, the top three receiving provinces for new immigrants to Canada. In most Canadian provinces, job vacancy was most significant for skilled positions. The highest vacancy rates are in construction and personal services, agriculture, hospitality, professional services, and transportation.
Canada’s working population is aging, and the adoption low birth rate system means there will soon be more Canadians entering retirement than the workforce. Bearing in mind that, the high job vacancy rate in Canada is great news for anyone considering making Canada their home in 2019.
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