Job vacancy rates highest in Alberta
Apr 21, 2014
Employers in Alberta leave more jobs unfilled than their counterparts in any other province, according to the latest Job Vacancy report from Statistics Canada.
In the three months ending in January of this year, approximately 2.2 per cent of all labour positions in the province were vacant. That is higher than the national average of 1.3 per cent and the highest of any province by a considerable measure.
A high job vacancy rate is both a blessing and curse. It is the result of a healthy economy and an abundance of employment positions. This is good news for workers looking for jobs, especially the thousands of in-migrants who have moved to Alberta for these opportunities. More “Help Wanted” ads mean it will probably be easier to find work quickly. The downside falls on the employer side. Finding qualified applicants can be difficult for some businesses. For some low-skill, low-paying positions, the challenge is finding anyone to apply at all. The inability to fill positions may even limit a company’s profitably, pushing them to relocate to another province where labour is more plentiful.Todd Hirsch • Chief Economist