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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

January 27, 2022
JOB VACANCIES, NOVEMBER 2021

Statistics Canada released today monthly results from the Job Vacancy and Wage Survey (JVWS) for November 2021.

Nova Scotia had 20,040 job vacancies in November 2021 with a vacancy rate of 4.2%. Canadian employers were actively recruiting for 874,695 positions (not seasonally adjusted) in November with a vacancy rate of 5.1%. The highest vacancy rates were reported in Quebec and British Columbia, while the lowest vacancy rate was reported in Newfoundland and Labrador. Compared to November 2020, the job vacancy rate was higher in November 2021 for all provinces except Newfoundland and Labrador, where it was lower.

The number of vacancies declined 3.7% from the previous month in Nova Scotia. Vacancies were down in all provinces except Manitoba in November, with Newfoundland and Labrador reporting the largest decline in vacancies. Nationally, job vacancies were down 9.3% from October following a record high level in September since comparable monthly data became available. Note that job vacancy data is not adjusted for seasonal patterns.

Nova Scotia job vacancies were 70.6% higher than they were one year ago. The number of vacancies were up in eight provinces compared to November 2020, with the largest growth in vacancies in Manitoba and Saskatchewan. Newfoundland and Labrador and New Brunswick reported fewer vacancies in November 2021 compared with one year ago.

Nationally, accommodation and food services sector had the highest number of job vacancies at 130,070, with a job vacancy rate of 9.9% (not seasonally adjusted). The job vacancy rate in accommodation and food services was significantly higher than any other industry. Arts, entertainment and recreation, administrative and support, waste management and remediation services and other services had the next highest vacancy rates. The lowest vacancy rate was for educational services and utilities in November 2021. Job vacancy rates were up for every industry at the national level compared to one year ago.

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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