Statistic Canada has revealed the number of jobs up for grabs in Canada dropped yet again in September as more people in the country landed paying work.
“Job vacancies declined by 40,700, down 6.1 per cent, to 632,200 in September, continuing the steady downward trend from the peak of just over one million reached in May 2022,” the statistical and demographic services agency reports.
In its Payroll Employment, Earnings And Hours, And Job Vacancies, September 2023 report notes the bright spot in the employment picture is that the number of employees receiving pay and benefits from their employer bounced back somewhat in September.
The number of people holding down paying jobs rose by 22,100 or 0.1 per cent in September, following a decline of 16,500 in August and little change in July.
“The largest monthly increases in payroll employment were recorded in educational services, up by 17,800 or 1.2 per cent, and healthcare and social assistance, up by 16,600 or 0.7 per cent, followed by public administration, up by 7,200 or 0.6 per cent, construction, up by 1,900 or 0.2 per cent, utilities up by 1,700 or 1.3 per cent, and management of companies and enterprises up by 1,000 or 0.8 per cent.”
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The sectors which shed workers in September included accommodation and food services were 5,300 people lost their jobs, the retail trade which fired 4,100 workers, the information and cultural industries that shed 2,600 employees, the wholesale trade sector that cut 1,700 workers and the real estate and rental and leasing sectors that reduced their workforce by 500 people.
The remaining nine sectors were little changed in September.
“The job vacancy rate, which corresponds to the number of vacant positions as a proportion of total labour demand, decreased by 0.2 percentage points to 3.6 per cent in September, the lowest level since January 2021,” reports Statistics Canada.
Job vacancies fell in four sectors: accommodation and food services, construction, finance and insurance, and public administration but rose in educational services and information and the cultural industries.
Across the country, Ontario saw the greatest drop in job vacancies.
“In Alberta, the number of vacancies fell by 6,500 to 81,600 in September, almost offsetting the increase in August,” reports Statistics Canada. “Ontario, Quebec, and Nova Scotia also reported fewer job vacancies in September.
“Meanwhile, job vacancies increased in Manitoba and Prince Edward Island. There was little change in the number of vacancies in the other four provinces in September.”
Foreign nationals can gain their permanent residency in Canada by immigrating through the country’s many economic immigration programs.
Under the Express Entry system, immigrants can apply for permanent residency online if they meet the eligibility criteria for one of three federal immigration programs, the Federal Skilled Worker Program (FSW), Federal Skilled Trades Program (FST), and Canada Experience Class Program (CEC), or a participating provincial immigration program.
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Candidates’ profiles then are ranked against each other according to a points-based system called the Comprehensive Ranking System (CRS). The highest-ranked candidates will be considered for an Invitation to Apply (ITA) for permanent residence. Those receiving an ITA must quickly submit a full application and pay processing fees, within a delay of 90-days.
Through a network of Provincial Nominee Programs (PNP), almost all of Canada’s ten provinces and three territories can also nominate skilled worker candidates for admission to Canada when they have the specific skills required by local economies. Successful candidates who receive a provincial or territorial nomination can then apply for Canadian permanent residence through federal immigration authorities.
Canadian employers can also recruit and hire foreign nationals through the Temporary Foreign Worker Program (TFWP) and the International Mobility Program (IMP).
The Global Talent Stream (GTS), a part of the TFWP, can under normal processing situations lead to the granting of Canadian work permits and processing of visa applications within two weeks.