Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Canada job vacancy rate declines in first quarter

Published 2016-08-11, 08:48 a/m
© Reuters.  Canada job vacancy rate declines in first quarter

OTTAWA, Aug 11 (Reuters) - The Canadian job vacancy rate declined in the first quarter of 2016 compared to the year before, with the largest decreases coming from the oil-hit provinces of Alberta and Saskatchewan, data from Statistics Canada showed on Thursday.

The job vacancy rate, which is the share of jobs that are unfilled out of all jobs available, fell to 2.1 percent in the first quarter from 2.6 percent in the first quarter of 2015.

Overall, there were 328,100 unfilled jobs in Canada in the first quarter, a decrease of 17.9 percent from a year earlier. The vacancy rate declined in nine of the country's 10 provinces.

In Alberta, home to the country's vast oil sands, the vacancy rate slid to 1.9 percent from 3.5 percent as overall employment declined in the province. Similarly, the vacancy rate in Saskatchewan fell to 2.0 percent from 3.0 percent.

Nationally, job vacancies were highest in the arts, entertainment and recreation sector, which had a 3.9 percent vacancy rate, followed by a 3.8 percent rate in the agriculture and forestry industry. The mining, quarrying and oil and gas extraction sector had one of the lowest job vacancy rates at 0.7 percent.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.