Canada seeks applicants to fill 430,000 vacant jobs

Posted by Grand News | 5 December 2018 | 1,396 times


Justin Trudeau, Canadian Prime Minister.

The Canadian government is seeking applications to fill in more than 430,000 vacant jobs, a business group has said.

According to The Guardian, Canadian Federation of Independent Business (CFIB), warned on Tuesday that a labour shortage in Canada is deepening, with wide range vacancy at small and medium-sized firms remaining unfilled for at least four months.

The job vacancy rate has risen to 3.3 percent, from 2.9 percent a year ago, CFIB said in a report.

This is “above the records set before the 2008 financial crisis, and businesses are really feeling the pressure,” said CFIB chief economist Ted Mallett.

According to the government statistical agency, the unemployment rate fell 0.1 percentage points in October to a near record low of 5.8 percent.

The labor shortage, according to the CFIB, is particularly acute in the services, construction, agricultural, and oil and gas sectors, and is putting upward pressure on wages.

The data release comes as the federal and Quebec governments spar over immigration targets.


Source: Grand News

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