30% Canadian businesses find it difficult to find skilled employees

Highlights: 30% of Canadian businesses find it challenging to find skilled employees

• The job vacancies fell by 69,900 to 76,100 in 2023.
• The payroll employment rose by 117,600 in the third quarter of 2023.
• The hourly wage increased faster in the third quarter compared with the second quarter.
• The number of job vacancies declined to 9,300 in trade and transport and equipment operators. 

 

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Details about the Job Vacancies in different sectors:

Different job sectors are facing an increase in shortage of skilled workers. The table below demonstrates the job sector vacancies recent condition:

Job Sector	Previously  vacancies	Drop down by
Sales and service occupations	34,600	2,06,500
Trades, transport and equipment operators and related occupations	9,300	134,200
Broad occupational groups	8,100	77,500

 

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Job vacancies in other sectors:

• The number of vacancy positions increased in business, finance, and administration occupations, which fell by 8,100 (-9.4%) to 77,500, with three quarterly declines by 105,000 vacancies.
• In health occupations, the job vacancies changed to 89,400
• Education, law, social, community, and government services changed to 64,800.
• Occupations in manufacturing and utilities recorded the most significant drop by 46.9% to 25,900.
• Natural resources, agriculture, and related production occupations by 35.0% to 15,600.
• Natural and applied sciences and related occupations by 34.6% to 44,500.
• Previously, there were fewer job vacancies for educational level. Currently, the job vacancies have risen. The bachelor's degree or higher level fell to 15.2% (-17,700). 

 

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Job Vacancies in 26 of 69 economic regions:

The vacancy positions in six provinces changed in the third and fourth quarters. The table below represents the job vacancies:

Provinces	Previously  Vacancies	Current Vacancies
Ontario	29,700	2,46,800
Quebec	25,400	1,65,400
British Columbia	9,200	1,14,700

 

Out of nine provinces, Saskatchewan job vacancies changed a bit into a positive number. The most significant proportional drop was recorded in Mauricie, Quebec, 30.4% to 3,800.

 

Meanwhile, Manitoba (+23.7% to 2,400) was reported to have vacant positions. Job vacancies declined in 54 economic regions compared to the previous year.

 

Job vacancy rose in four economic regions:  

• Parklands and North, Manitoba (+1.1 percentage points to 5.7%)
• Swift Current – Moose Jaw
• Saskatchewan (+1.1 percentage points to 6.1%)

 

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Web Story:  30% Canadian businesses find it difficult to find skilled employees