End of 2021 bring on 2022
19th, Oct 2021
According to Statistics Canada’s quarterly job vacancy report, Canada’s job vacancy rate in the second quarter of 2021 is the highest on record.
From April to June 2021, Canada’s job vacancy rate was 4.6%, the highest level since comparable data was provided in 2015.
The high vacancy rate was affected by the rise in the job vacancy rate and the decline in employment over the same period.
There were 731,900 vacancies in the last quarter, an increase of nearly 26% over the same period two years ago. Before the pandemic, Canada had been experiencing a labour shortage problem.
This problem has always been solved through immigration.
However, due to the decrease in the number of new immigrants entering Canada in 2020, the tension in the labour market has been exacerbated.
However, the low immigration rate is only one factor. Some people say that the government’s employment benefits also prevent people from returning to work. But economists say it is mainly due to the decrease in new immigrants.
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