Canada recorded a ninth consecutive quarter year-over-year increase in job vacancies as job vacancies in the first three months of 2018 reached 462,000. This year's increase, which added 44,000 vacancies, brings job vacancies to 506,000 and makes it the tenth consecutive first-quarter increase.
About 80 percent of these vacancies were for permanent positions, according to Statistics Canada. The increasing labor shortages are connected to the aging population in the country as well as a higher number of Canadians who are retiring.
Canada responded to this persistent increase by raising the number of incoming immigrants across three years, 2019 - 2021, a more significant percentage of whom are expected via economic-class immigration programs. In 2018, a record number of immigrants were received, and the country is well on course to break that record again this year. The Canadian government expects the culmination of these record immigration levels to help arrest the labor shortages.
The greatest year-over-year first quarter rise in job vacancies was recorded in Quebec. The province recorded a 23 percent increase in vacancies by adding 21,400 vacancies. Manufacturing, health care, and social assistance and accommodation and food services sectors were responsible for almost half of the vacancies, Statistics Canada said.
Ontario came second by recording 12,400 vacancies, with health care assistance and accommodation and food services sectors among the top contributors. British Columbia had 9,300 job vacancies at 4.4 percent job vacancy rate.
79.9 percent of the total job vacancies were permanent positions. Permanent jobs are jobs that employees are expected to retain as long as they want. Higher wages, more benefits, as well as more training opportunities, come usually come with it.
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