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November 28, 2019JOB VACANCIES, AUGUST 2019 In the 3 months ending in August 2019, there were an average of 7,600 job vacancies in Nova Scotia (unadjusted for seasonality). This is 1,500 more than reported in the same period of 2018.
Nova Scotia's job vacancy rate, the share of labour demand that is unfilled, was 1.9 per cent in the three months ending in August. This is 0.3 percentage points higher than observed for the same period in 2018. Job vacancy rates increased in each month from January to June, but have declined in the last two months.
The national job vacancy rate was 2.3 per cent, 0.1 percentage points higher than it was at this time last year.
Across Canada, job vacancy rates are highest in British Columbia (2.9 per cent), followed by Quebec and Ontario. Job vacancy rates were lower in the rest of Atlantic Canada and on the prairie provinces. Compared with the same period last year, the job vacancy rate has increased in four provinces with the largest increase in Quebec.
There was an average of 4.8 unemployed persons per job vacancy in Nova Scotia in the 3 months ending in August 2019, down from 6.4 in the three months leading up to August 2018. The ratio of unemployed persons per vacancy has fallen substantially over the last year, but increased in the last two months.
The national ratio of unemployed persons per job vacancy was 3.2, down from 3.4 in the same period of 2018.
Five provinces reported fewer unemployed persons per job vacancy in July 2019 compared with the same period last year. The largest declines were in Newfoundland and Labrador and Nova Scotia.
British Columbia currently reports the tightest labour market conditions in Canada, with a job vacancy rate of 2.9 per cent and just 1.9 unemployed persons for each job vacancy. Newfoundland and Labrador reported the most labour market slack, with 9.1 unemployed persons for each job vacancy and a job vacancy rate of 1.7 per cent. Newfoundland and Labrador, Nova Scotia and Quebec have all reported substantial tightening of labour markets over the last twelve months.
Source: Statistics Canada. Table 14-10-0224-01 Job vacancies, labour demand and job vacancy rate, three-month moving average, unadjusted for seasonality,
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