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October 31, 2019JOB VACANCIES, JULY 2019 In the 3 months ending in July 2019, there were an average of 8,500 job vacancies in Nova Scotia (unadjusted for seasonality). This is 3,400 more than reported in the same period of 2018.
Nova Scotia's job vacancy rate, the share of labour demand that is unfilled, was 2.1 per cent in the three months ending in July. This is 0.8 percentage points higher than observed for the same period in 2018. Job vacancy rates increased in each month from January to June.
The national job vacancy rate was 2.2 per cent, about the same as it was at this time last year.
Across Canada, job vacancy rates are highest in British Columbia (2.9 per cent), followed by Quebec and Nova Scotia. The lowest job vacancy rates were in Newfoundland and Labrador and Saskatchewan. Compared with the same period last year, the job vacancy rate has increased in six provinces with the largest increase in Nova Scotia.
There was an average of 3.8 unemployed persons per job vacancy in Nova Scotia in the 3 months ending in July 2019, down from 7.1 in the three months leading up to July 2018. The ratio of unemployed persons per vacancy has fallen substantially over the last year.
The national ratio of unemployed persons per job vacancy was 3.1, down from 3.3 in the same period of 2018.
Six provinces reported fewer unemployed persons per job vacancy in July 2019 compared with the same period last year. The largest declines were in Newfoundland and Labrador and Nova Scotia.
British Columbia currently reports the tightest labour market conditions in Canada, with a job vacancy rate of 2.9 per cent and just 1.8 unemployed persons for each job vacancy. Newfoundland and Labrador reported the most labour market slack, with 10.0 unemployed persons for each job vacancy and a job vacancy rate of 1.5 per cent. Both Newfoundland and Labrador and Nova Scotia reported substantial tightening of labour markets over the last twelve months.
Source: Statistics Canada. Table 14-10-0224-01 Job vacancies, labour demand and job vacancy rate, three-month moving average, unadjusted for seasonality,
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