Job Vacancies In Canada Sees Record-High In 2022

Finding a job in Canada is deemed prosperous as the latest report from Statistics Canada saw job vacancies climbing to 957,500 in the first quarter of 2022. The largest job vacancies in Canada are in the healthcare and social assistance sectors, along with the construction, manufacturing & retail trade sectors.

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At the national level, Canada saw the pool of unemployed people shrinking as job vacancies grow. In statistical terms, the unemployment to job vacancy ratio was 1.2 in the first quarter, down from 2.3 in the same quarter of 2020.

First-quarter (Q1) in Canada constitutes the months of January, February, and March.

Healthcare Sector in Canada Continues to Have High Job Vacancies

The health care and social assistance sector reached another all-time high at 136,800 vacancies. The construction sector is also seeing record high numbers of vacancies. In Q1 2022, Canadian construction employers were seeking to fill 81,500 vacant positions.

Job vacancies in Canada are continuing on an upward trend in the manufacturing and retail trade sectors. Finding a job in Canada in manufacturing peaked at 87,400 last quarter, and retail trade employers were seeking 114,600 jobs.

Job vacancies in Canada in the professional, scientific, and technical services sectors saw a little change than in previous years as employers were looking to fill 68,800 positions.

Yet, Canadian employers are facing significant hiring challenges

Despite the record-high job vacancies in Canada, there were nearly 34 newly hired employees for every 100 job vacancies. By comparison, in Q1 of last year, there were about 48 new hires for every 100 vacancies, and 82 in the first quarter of 2016 when comparable data first became available.

Canada is finding innovative ways to address the lack of skilled talent through immigration.

About 1 million new immigrants will be nominated for Canada PR under various economic-class programs including the Express Entry system and Provincial Nominee Programs over the next three years.

Thousands of foreign skilled workers, entrepreneurs, and international students will benefit from these immigration-friendly measures.

Read our previous blog on Canadian Immigration Without a Job Offer.

Unemployment Rate Fell Across the Three Immigrant Cohorts

Earlier in May 2022, Statistics Canada made a few other observations with respect to the unemployment rate among Canadian immigrants. The results are likely to boost immigration to Canada in the near future:

  • PR immigrants within the last five years: The unemployment rate fell to 7.8 per cent among immigrants, compared to 8.3 per cent in April.
  • Immigrants who gained PR between 5 to 10 years ago: fell to 5.8 per cent compared to 6.3 per cent in March.
  • Immigrants who gained permanent residence 10 years ago or more: It stood at 4.6 per cent in April compared to 4.8 per cent in March.

Best Time to Plan Your Immigration to Canada

Amid pandemic disruption to international mobility, immigration to Canada kept unemployment rates low by increasingly converting the status of temporary residents located in Canada to permanent residents.

With increased economic activity in Canada on the rise, eligible skilled workers will now be targeted to fulfil the increased job vacancies in Canada and qualify for permanent residency.

You must consult the best immigrant consultants in Dubai in order to make the most of this benevolent period of immigration in Canada.

CanApprove is one such certified immigration consultant in Dubai by the College of Immigration and Consultants (CICC). We offer standard pre-departure and post-arrival immigration services including IELTS preparation assistance, and documentation support for Canada PR.

Take this free assessment online to determine your work and immigration eligibility.

Check Your CRS Scores

Tie-ups with 500+ institutions for your study abroad programs in Canada and dedicated job search assistance, we can match your work & academic skills with a suitable institution or employer in Canada. Book your free appointment with us today.

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