Highest rate of unfilled jobs in Alberta

Nov 19, 2013

Alberta has the highest rate of unfilled jobs in Canada, according to new numbers released by Statistics Canada on Tuesday.

For every 100 employment positions in the province, almost three of them are waiting to be filled. The rate has fallen somewhat. A year ago, the job vacancy rate in Alberta was 3.2%. Today, it sits at 2.7%, said Todd Hirsch, chief economist at ATB Financial.

“Job vacancy statistics are less commonly used indicators of the labour market even though they provide some interesting perspectives,” said Hirsch. “Other reports, such as the monthly Labour Force Survey and the Employment Insurance report, give a snapshot of the supply of labour in the economy. Job vacancy statistics provide a perspective of labour demand: how many jobs employers are trying to fill.”

The highest rates of job vacancies in the province are currently in construction trades (3.3%), educational services (4.2%) and accommodation and food services (5.6%).

“This suggests some employers are facing labour shortages,” added Hirsch.

“The rate of unfilled positions in Alberta is consistent with other labour reports that show Alberta and Saskatchewan as having the healthiest job markets in the country. However, there’s potential for job vacancy rates to rise too high, which would throw the entire job market off balance.”

Article from Calgary Herrald http://www.calgaryherald.com/business/Alberta+highest+vacancy+rate+unfilled+jobs/10069258/story.html