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January 26, 2023JOB VACANCIES, NOVEMBER 2022 Statistics Canada released today monthly job vacancy results for November 2022. The data are not adjusted for seasonal patterns.
Nova Scotia had 21,480 job vacancies in November 2022 with a vacancy rate of 4.6%.
Canadian employers were actively recruiting for 823,485 positions in November with a vacancy rate of 4.6%.
The highest vacancy rates were reported in British Columbia and Prince Edward Island while the lowest vacancy rate was reported in Newfoundland and Labrador. Compared with November 2021, vacancy rates were up in Newfoundland and Labrador, Saskatchewan and Alberta. Vacancy rates were down for all other provinces.
Although there are seasonal variations, Nova Scotia's job vacancy rates trended up for most of 2021 and 2022.
The number of job vacancies in Nova Scotia were 21,480 in November 2022. In November 2021, there were 21,445 vacancies.
Comparing November 2022 against November 2021, the number of job vacancies in Nova Scotia was up 0.2%. National job vacancies declined 7.9% over the same period with decreases in six provinces. Manitoba and Quebec reported the largest declines while Saskatchewan and Alberta reported the largest increases in job vacancies.
Nationally, the accommodation and food services sector had the highest job vacancy rate (7.7%) and the second highest number of job vacancies at 107,535. This industry has had the highest vacancy rate among all industries for over a year.
After accommodation and food services, the next highest job vacancy rates in Canada were reported in construction, transportation, and health care and social assistance. The lowest vacancy rates were in education, utilities, real estate and leasing, and public administration.
Health care and social assistance had the highest number of vacancies at 134,040 in November. Both the number of vacancies and the job vacancy rate (5.7%) increased compared to November 2021.
Notes: 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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