ONTARIO & SASKATCHEWAN ADD 400,000 NEW JOBS, AS THE VACANCIES REMAINS HIGH

The latest report concerning Immigration Canada has confirmed an addition of approximately 400,000 jobs as the vacancies in both provinces remains high. This latest development is for the sake of people so that they invest in their future in the two provinces.

The job vacancy rate, i.e. the total number of vacancies or vacant positions in proportion to the demand for labour, is increased to a huge 5.7%. This increase for the two provinces is being termed the most annual increase in any province of Canada. This is due to the indication of a continued need to fill the positions amid employee shortages. The employee shortages in the two provinces are found in various sectors, as identified by the concerned parties.

The Identified Sectors For Sake Of Job Vacancies: According to the statistics in Canada, there are various sectors with job vacancies. However, only some are the ones that continue to have job vacancies due to the procedures in play. The health care & social assistance sector saw approximately 160,000 vacant positions in September. This is year-over-year that saw an increase of at least 25% in job vacancies, likely tied to the continued high demand for professionals in this sector. Also, including doctors, nurses, physicians & surgeons etc., in the wake of the COVID-19 pandemic.

The other one is the accommodation & food services sector. It's a sector that is in continuous search for labour. The accommodation & food services sector saw at least 150,000 positions found vacant in September, i.e. an increase of 11% from August. A massive reason for a high increase is the seasonal effects, as the normalization efforts to Pre-Pandemic protocols are yet another cause of the growth in hiring. There are encouraging signs for the future in this sector as it has remained at a high throughout the year.

Now comes the Retail Trade, where the demand for people increased automatically after the pandemic. However, the retail trade saw a very slight increase in job vacancies, i.e. approximately 118,000 vacant positions in September. The job vacancy rate of 5.5 %, i.e. close to 6%, is an indication which is ironic that this is the sector where there is a continued need for workers.

The last one is the Manufacturing sector & this is the only one which has seen a decline from almost 92K to 77K in a month from August to September.

Canada Faces A Record Number Of Job Vacancies:

The answer to this record number of job vacancies is immigration. It's immigration that continues to be at the forefront of grappling with the labour shortages in the country.

It's the Canadian Govt. along with the IRCC, i.e. Immigration Refugees & Citizenship Canada, which continues to play its role effectively. That is, for the sake of solving the labour shortages issues strategically. The IRCC continues to measure to solve these labour issues and demand for work as many old Canadian Citizens are fast getting into their retirement options. Further, the Canadian Govt. is improvising the laws to confront labour shortages with the immigration of skilled foreign workers. The government's efforts are also evident in an expansion of economic immigration pathways like Express Entry & the PNP program, also known as the Provincial Nominee Program. The Govt. also introduced an aggressive immigration plan to welcome close to 500,000 newcomers to Canada on an annual basis.

Key Note on Payroll Increases:

The payroll employment figures increased naturally by 0.5% in September & the largest gains were seen in Alberta, British Columbia & Quebec provinces. The following are the sectors that saw the biggest uptick in employment. These are Health & Social Assistance, Accommodation & Food Services &

Retail Trade. These are seen as some positive signs in these three sectors in Canada. All these three sectors have also experienced, in the month of August, an increase in job vacancies, i.e. hiring activities, increases in payroll employees, i.e. the people hired and finally, an increase in the overall value of goods and services produced.

All these are highly positive signs as the country Canada moves forward from the effects of the COVID-19 pandemic towards the pre-pandemic levels of economic output.

The IRCC & the Canadian Govt. are making efforts together to cope effectively with the demands. These are the rising demands of the Canadian Govt. which are also termed labour demands. Hence, both share a relationship which is highly connected with the demand for labour after making an analysis of labour shortages & the economic conditions, also known as economic turmoil. However, in case a country or a Province is facing one, especially due to certain circumstances. Canada has faced a record number of job vacancies in almost all sectors including Professional Scientific & Technical Services.