There are more than 700,000 new job openings in Canada
That hasn't happened since 2015!
According to Statistics Canada, the country's job vacancy rate hit a record high in the second quarter of 2021. Among all jobs in Canada, 4.6% were vacant — the highest level since 2015.
There were a total of 731,900 vacancies nationally — 26% more than during the same period in 2019, i.e. before the pandemic. The strongest increases in offers were in Ontario and Quebec.
This situation is due to the opening of businesses after the pandemic, as well as a decline in the number of working residents. According to a study by Canadian job search portal Indeed, most unemployed Canadians are not looking for work.
The average hourly rate for vacant positions was $22.85 CAD, also higher than two years ago. Average hourly wages increased in all Canadian provinces except Alberta and Newfoundland and Labrador. The largest increases are seen in British Columbia and Prince Edward Island.
Incidentally, almost all Canadian provinces increased the minimum wage in 2021.
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