According to a new report by StasticsCanada, job vacancies rose approximately 10% in the first quarter of 2019. If we compare to the previous year, the growth has seen all over Canada, including the in six provinces and one territory.
What is the Canadian government’s action to overcome the skill requirements?
In the third quarter of 2018, job vacancies increased in every Canadian province. Even with a large migrant intake, the country was unable to distribute the workforce evenly across the provinces. Now, it is not very surprising to see a skill deficiency in the labour market. It also explains why the Candian government increased the quota at the beginning of the year.
Being a part of India where nearly half the citizens are under 25, you may not realize the standing point of a country who has an ageing population and half of the workforce is reaching retirement age. A steep fall in the ratio of the working-age population can be one of the biggest downfalls to the Canadian economy. How?
Currently, Employers across Canada are facing labour shortages. Moreover, the provinces like Quebec, Ontario, and British Columbia recorded the greatest rise in the number of job vacancies among the provinces. Yet there are not enough workers to fill these jobs.
Growth in the number of vacancies was also recorded in New Brunswick, Prince Edward Island and Newfoundland and Labrador. But there were little changes in the job growth of Yukon and the Northwest Territories.
These job vacancies increased in seven of the ten largest industrial sectors (in terms of employment). The growth was majorly driven by health care, scientific, manufacturing, and technical services.
Job vacancies in educational services were observed in specific provinces as Newfoundland and Labrador, Nova Scotia, New Brunswick, and Saskatchewan.
In comparison with the first quarter of 2018, employers in the construction sector reported 2,400 more job vacancies in the first quarter of 2019. The major growth was seen in the province of Quebec.
- The growth in the retail was among the lowest of all sectors but the job vacancy rate grew 0.2 percentage points to 2.3% at a national level. To know more details, follow the tables given below!
|Occupations||Permanent job vacancies|
in 2018 (1st quarter) – 2019 (1st quarter)
|Occupations in manufacturing and utilities||88.3|
|Natural and applied sciences and related occupations||86.3|
|Trades, transport and equipment operators and related occupations||86.1|
|Sales and service occupations||82.5|
|Business, finance and administration occupations||81|
|Occupations in education, law and social, community and government services||65.8|
|Natural resources, agriculture and related production occupations||46.1|
|Occupations in art, culture, recreation and sport||43.6|
|Regions with Highest Job Growth||Percentage|
|Cariboo, British Columbia||63.4|
|North Coast and Nechako, British Columbia||49.1|
|South Coast-Burin Peninsula and||42.9|
|Notre Dame-Central Bonavista Bay,|
|Newfoundland and Labrador|
|Prince Edward Island, Prince Edward Island||38|
|Parklands and North, Manitoba||37.9|
Your Action Plan
Did you know that Canada’s jobless rate drops to 5.4%, the lowest in 43 years? Yes, it is stated in the recent report of Statistics Canada.
For a potential permanent migrant, what could be better news than this? Canada is now shifting its focus to not only hiring but also retaining workers. The local employers are thinking to improve their compensation practices and workplace culture to attract more migrants who would be willing to come to Canada.
In 2019-21, the provinces will play a key role in welcoming migrants and the PNP streams help them fill the skill shortages. So you have opportunities of getting an invitation through a Federal draw as well as in a provincial nomination.
Although, after the October election, if there is a change in the Federal government happen, we may see some ups and downs in the immigration scenario. We cannot predict what kind of change in policies may occur?
Therefore process your application while you still have the opportunity to find a better life. We can help you with that, give us a call.