25th, Nov 2022

Nova Scotia needs more jobs to fill the labour shortages in the province

Job seekers from other countries interested in coming to Nova Scotia through economic immigration programs are still in luck.

Statistics Canada figures demonstrate that the number of job vacancies in the province increased by 52.1 percent from the second quarter of last year to this year.

Despite employers adding 21,240 employees to their payrolls in the past year, many positions still need to be filled.

While next year's real GDP growth in Nova Scotia is projected to slow from 2.2% to 0.5%, the economy is expected to come back with 2.4% real GDP growth in 2024.

In addition, the pent-up demand for labour is likely to keep the job market good for those seeking employment.

#Labour_shortages, #labour_market, #Nova_Scotia, #statistics

https://ppforum.ca/publications/solving-for-shortages-in-nova-scotia-employer-experiences-and-the-labour-market-across-atlantic-provinces/

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