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June 24, 2022JOB VACANCIES, APRIL 2022 Statistics Canada released today monthly results from the Job Vacancy and Wage Survey (JVWS) for April 2022, the data is not adjusted for seasonal patterns.
Nova Scotia had 20,130 job vacancies in April 2022 with a vacancy rate of 4.9%. Canadian employers were actively recruiting for 1,001,135 positions in April with a vacancy rate of 5.8%. The number of vacancies at the national level was at the highest since the survey started in October 2020.
The highest vacancy rate was reported in British Columbia while the lowest vacancy rate was reported in Newfoundland and Labrador. Compared to April 2021, the job vacancy rates were higher in April 2022 for all provinces.
The number of vacancies decreased 10.7% from the previous month in Nova Scotia. Nationally, job vacancies increased 2.4% from March 2022 with increases in five provinces. Prince Edward Island and Alberta posted the largest gains while Nova Scotia recorded the largest month-over-month decrease in April. Note that job vacancy data are not adjusted for seasonal patterns.
Nova Scotia job vacancies were 46.7% higher than they were one year ago. The number of vacancies were up significantly in all provinces compared to April 2021, with the largest growth in vacancies being in Alberta. Quebec reported the lowest increase in April 2022 compared with one year ago.
Nationally, accommodation and food services sector had the highest number of job vacancies at 152,985 with a job vacancy rate of 11.9%. This was the highest vacancy rate across all sectors for the 12th consecutive month.
Arts, entertainment and recreation; construction; agriculture, forestry and fishing; administrative and support services, and other services had the next highest vacancy rates.
The lowest vacancy rates were for educational services and utilities in April 2022. Job vacancy rates were up for every industry, except arts, entertainment and recreation, at the national level compared to one year ago (utilities estimate was supressed in April 2021).
Notes: The job vacancy rate is a key indicator of labour market conditions. The job vacancy rate is the percentage of job positions (both filled and vacant) that are vacant. A higher job vacancy rate indicates a tighter labour market where it is more difficult for employers to find suitable candidates for the positions offered. A lower job vacancy rate signals labour market slack and potentially more job seekers competing for each vacant position.
Information on monthly job vacancies will continue in future Statistics Canada releases, and a more detailed analysis will be released with quarterly estimates from the Job Vacancy and Wage Survey.
Sources: Statistics Canada, Table 14-10-0371-01 Job vacancies, payroll employees, and job vacancy rate by provinces and territories, monthly, unadjusted for seasonality; Table 14-10-0372-01 Job vacancies, payroll employees, and job vacancy rate by industry sector, monthly, unadjusted for seasonality
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