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October 28, 2021JOB VACANCIES, AUGUST 2021 Statistics Canada released today monthly results from the Job Vacancy and Wage Survey (JVWS) for August 2021.
Nova Scotia had 17,860 job vacancies in August 2021 with a vacancy rate of 3.8%. Canadian employers were actively recruiting for 871,555 positions (not seasonally adjusted) in August with a vacancy rate of 5.2%. The highest vacancy rates were reported in Quebec (5.7%) and British Columbia (6.6%) The lowest vacancy rates were reported in Newfoundland and Labrador (3.5%) and Prince Edward Island and Nova Scotia (both 3.8%).
The number of vacancies increased 15.0% from July to August in Nova Scotia. Vacancies were up in eight provinces and only had a small decline in Prince Edward Island and Quebec. Job vacancy data is not adjusted for seasonal patterns.
Nationally, accommodation and food services sector had the highest number of job vacancies at 156,755, with a job vacancy rate of 12.3% (not seasonally adjusted). The job vacancy in accommodation and food services was significantly higher than any other industry. Construction (6.0%); arts, entertainment and recreation (6.3%); and other services (6.1%) had the next highest vacancy rates. The lowest vacancy rate was for utilities (1.6%) and educational services (1.4%).
Notes: The job vacancy rate is a key indicator of labour market conditions. The job vacancy rate is the percentage of job positions (both filled and vacant) that are vacant. A higher job vacancy rate indicates a tighter labour market where it is more difficult for employers to find suitable candidates for the positions offered. A lower job vacancy rate signals labour market slack and potentially more job seekers competing for each vacant position.
Information on monthly job vacancies will continue in future Statistics Canada releases, and a more detailed analysis will be released with quarterly estimates from the Job Vacancy and Wage Survey.
Sources: Statistics Canada, Table 14-10-0371-01 Job vacancies, payroll employees, and job vacancy rate by provinces and territories, monthly, unadjusted for seasonality; Table 14-10-0372-01 Job vacancies, payroll employees, and job vacancy rate by industry sector, monthly, unadjusted for seasonality
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