Job vacancies in Canada in January – 6.7 unemployed people for every job vacancy, compared with 6.4 one year earlier

In January, there were 193,000 job vacancies among Canadian businesses, little changed compared with January 2013. There were 6.7 unemployed people for every job vacancy, compared with 6.4 one year earlier. 

The national job vacancy rate was 1.3% in January, compared with 1.4% recorded 12 months earlier.

For 2013 as a whole, there was an average of 219,000 job vacancies per month among Canadian businesses, down from 252,000 in 2012 and 236,000 in 2011.

For every job vacancy, there were 6.2 unemployed people in 2013, up from 5.4 in 2012. The increase in the unemployment-to-job vacancies ratio was the result of fewer job vacancies, as the number of unemployed people was little changed. In 2011, the ratio was 5.9 unemployed people for every job vacancy.

Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Job vacancies in brief, three-month average ending in January 2014.