In the News

Canada – 6.8 unemployed people for every job vacancy in March

Canadian businesses reported 206,000 job vacancies in March, down 17,000 compared with 12 months earlier. For every job vacancy, there were 6.8 unemployed people, up from 6.3 in March 2013, the result of fewer job vacancies.

Unemployment-to-job vacancies ratio increases in Quebec and Saskatchewan

In Quebec, there were 10.1 unemployed people for every job vacancy, up from 7.5 in March 2013, as there were fewer job vacancies in the province.

Capture d’écran 2014-06-17 à 08.59.41

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

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Canada – Weak job creation in Ontario, Quebec and Atlantic provinces is a big risk to the economy

Finance Minister Joe Oliver was warned in a meeting Monday with top Bay Street economists that Canadas economy is at risk unless there is more job creation in central and eastern Canada.  One of those economists, Douglas Porter, chief economist at BMO Capital Markets, told reporters after their meeting with Oliver that Alberta alone has … Continue reading 

Canada – Six of 10 provinces saw employment drop below year-ago levels

Looking deeper into last Friday’s jobs numbers, BMO’s Benjamin Reitzes says the Statistics Canada report “reinforced that the Alberta economy is in a league of its own. ”Employment in Alberta, home to Canada’s oil industry, has climbed 3.2 per cent over the course of a year, compared to just 0.1 per cent for the rest … Continue reading 

May Canada Job Report 2014 – Employment up by 26,000 but UR increased to 7.0%

Employment edged up by 26,000 in May, driven by gains in part-time work. The unemployment rate increased 0.1 percentage points to 7.0% as there were more people in the labour market. Overall employment growth has been subdued since August 2013. In the 12 months to May, employment increased by 86,000 or 0.5%, with all the growth in part time. Over the same period, the number of …Continue reading 

Skills Gap in Canada – How the myth was shattered

It took nine months of detective work by economists, journalists, social media sleuths and investigators at the Parliamentary Budget Office to solve the mystery of Canada’s missing job vacancies.  Last week auditor general Mike Ferguson made it official: the federal government was using unreliable statistics to support its claim that Canada had plenty of jobs … Continue reading 

Canada Job Bank – Outdated listings for jobs in dozens of communities that have long since been filled

Employment Minister Jason Kenney says there are no job postings languishing on the federal government’s online job bank that are older than six months — even though the site is strewn with ads that are almost a year old or older.  “The typical maximum posting period is 30 days,” Kenney said this week in the … Continue reading 

Canada – The job recovery is overstated says a Bank of Canada’s study

The Bank of Canada says the country’s job-creation record since the recession is likely a little less impressive than the fall in the unemployment rate would suggest. The central bank says in a new research paper that the unemployment rate, although the most quoted measure of labour market health, has overestimated the jobs recovery in … Continue reading 

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