Canada Looking To Fill 430,000 Vacant Jobs

Image result for work in canada

6A business group warned on Tuesday that a labour shortage in Canada is deepening, with more than 430,000 jobs at small and medium-sized firms remaining unfilled for at least four months.

This is “above the records set before the 2008 financial crisis, and businesses are really feeling the pressure,”
said CFIB chief economist Ted Mallett.
The job vacancy rate has risen to 3.3 percent, from 2.9 percent a year ago, the Canadian Federation of Independent Business said in a report.

According to the government statistical agency, the unemployment rate fell 0.1 percentage points in October to a near-record low of 5.8 percent.

The labour shortage, according to the CFIB, is particularly acute in the services, construction, agricultural, and oil and gas sectors, and is putting upward pressure on wages.

The data release comes as the federal and Quebec governments spar over immigration targets

Quebec Premier Francois Legault has pledged to cut immigration, despite the mostly French-speaking province being hit hardest by a lack of skilled workers.

“What I hear across Quebec is entrepreneurs, businesses concerned about the labour shortage, so I’m not sure it’s the best time to cut immigration,” Prime Minister Justin Trudeau commented.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.