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For additional information relating to this article, please contact:

Mike Milloy Planning and Development Officer
Tel: 902-424-8800Email: Mike.Milloy@novascotia.ca

November 30, 2017
JOB VACANCIES, AUGUST 2017

In the 3 months ending in August 2017, there were an average of 5,800 job vacancies in Nova Scotia (unadjusted for seasonality). 

Nova Scotia's job vacancy rate, the share of labour demand that is unfilled, was 1.5 per cent in August 2017, up slightly from the 1.4 in the past three months. The job vacancy rate has risen since early 2017, signaling a tighter labour market in Nova Scotia, following a decline through the second half of 2016. Although the data series is relatively new, this appears to be emerging as a seasonal pattern in the province's labour market; the job vacancy rate also dipped later in 2015 and then picked up in early 2016.

Across Canada, Job vacancy rates are highest in British Columbia (2.1%), and lowest in Newfoundland and Labrador (1.1%).  

There were an average of 7.0 unemployed persons per job vacancy in Nova Scotia in the 3 months ending in August, up from 6.9 in the three months leading up to July. 

The number of unemployed persons per job vacancy also signals slack or tightness in the labour market.  After increasing through late 2016, the ratio of unemployment-to-job-vacancy has been lower in recent months compared to early 2017, sending signs of tightening in Nova Scotia's labour market.  However, this also appears to be an emerging seasonal trend as the ratio is similar to levels reported in mid-2016.

British Columbia currently reports the tightest labour market conditions in Canada, with a job vacancy rate of 2.1 per cent and just 3.0 unemployed persons for each job vacancy. Newfoundland and Labrador reported the labour market conditions signaling the most slack. 

Source: Statistics Canada's Job Vacancies. CANSIM 284-0001 and 284-0003

 



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