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Job Vacancies in Canada, QIII 2018 – up 83,000 (+17.8%) from the third quarter of 2017

There were 551,000 job vacancies in Canada in the third quarter, up 83,000 (+17.8%) from the third quarter of 2017. Over the same period, the job vacancy rate increased 0.4 percentage points to 3.3%. This was the eighth consecutive quarter with a year-over-year increase in both the number of job vacancies and the job vacancy rate.

The job vacancy rate represents the number of job vacancies expressed as a percentage of labour demand; that is, the sum of all occupied and vacant jobs.

The number of job vacancies in Canada (unadjusted for seasonality) was little changed from the second to the third quarter. By comparison, vacancies rose slightly from the second to the third quarter of 2016 (+3.5%) and from the second to the third quarter of 2017 (+1.8%).

Chart
The second and third quarters of 2018 have the highest number of job vacancies since the beginning of the series in 2015

Job vacancies increase in every province

In the third quarter, both the number of job vacancies and the job vacancy rate rose in every province on a year-over-year basis, a first since the beginning of the series in 2015. Quebec, Ontario and British Columbia reported the largest increases in the number of job vacancies. Job vacancies also rose in the Northwest Territories, but were little changed in Yukon and Nunavut.

Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Job vacancies, third quarter 2018

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