Job Vacancy Rates Highest in Alberta
Jul 22, 2014
The percentage of jobs left unfilled is higher in Alberta than in any other province, according to the latest job vacancy report released this morning by Statistics Canada.
In the three months ending in April of this year, approximately 2.4% of all jobs in the province were vacant. The national average was only 1.5%. The province with the next highest rate was Manitoba at 2.0%.
Job vacancy rates vary significantly across sectors in Alberta. Businesses in the accommodation and food industries are facing a vacancy rate of 7.7%—up from 5.7% a year ago. Employers in this sector depends heavily on foreign temporary workers. Recent changes to the program may cause the vacancy rate to rise even higher.
At the other end of the spectrum are jobs in public administration and educational services, where the job vacancy rates are 1.3% and 0.8%, respectively.
A high job vacancy rate is good news and bad news. The good news is it signals a healthy job market and an abundance of employment positions. This is the reason thousands people have moved to Alberta. The bad news is employers may find it difficult to find qualified applicants to fill vacant jobs which may limit their ability to operate profitably.
Reposted from The Owl