Canadian job vacancies reach record high: report

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On Thursday, Statistics Canada released a report showcasing the latest data regarding job vacancies.

The report found that as of May, there were 1,005,700 open positions across Canada, the highest number on record.

According to the report, job vacancies increased 42.5 percent over May 2021. The job vacancy rate, which compares the number of vacant positions to all positions was up 4.4 percent over the same time period, sitting at 5.8 percent. These numbers are not seasonally adjusted.

Healthcare and social assistance were among the hardest sectors hit, with the number of vacancies rising to 14.5 percent.

The report highlighted the variance between provinces, finding that vacancies were highest in Nova Scotia and Manitoba, up 22.1 and 15.3 percent, respectively.

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