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new job vacancy data

Canada Now Has The Lowest Job Vacancies Since May 2021

Last Updated On 28 September 2023, 10:27 AM EDT (Toronto Time)

The new job vacancy data for Canada shows a decrease in available jobs by 43,100 (or 5.8%) to 701,300 in July, continuing a declining trend that began in June 2022.

In July 2023, there were 273,700 fewer job openings than there were a year earlier, registering a decline of 28.1%, as per the new Statistics Canada report released today, September 28, 2023.

The total number of job openings in July 2023 was the lowest at 673,400 since May 2021.

In July, Ontario (-123,900; -33.8%) saw the biggest year-over-year decline, followed by British Columbia (-38,400; -26.0%) and Quebec (-65,800; -26.6%).

On a monthly basis, the number of job vacancies also fell in Ontario by 27,700 (-10.2%) to 242,600 in July, following some variation in May and June.

The number of open positions as a percentage of total labour demand (the total of filled and unfilled positions) is known as the job vacancy rate.

It dropped to 3.9% in July, the lowest level since February 2021.

The job vacancy rate decreased by 1.6 percentage points on an annual basis as a result of increases in payroll employment (+446,600; +2.7%) and decreases in vacancies (-273,700; -28.1%).

1.7 unemployed people were available for every open job vacancy in Canada in July 2023, an increase from 1.5 in June and 1.2 at the beginning of the year.

Since there was little change in the number of jobless people in July, the decline in job vacancies (-43,100; -5.8%) was primarily responsible for the increase in the unemployment-to-job vacancy ratio.

The job vacancy rate in accommodation and food services reaches its lowest level since January 2020.

Furthermore, the retail trade also records the lowest number of vacancies since January 2021.

The number of unfilled retail positions decreased by 10,800 (-12.8%) to 73,100 in July 2023, marking the lowest level since January 2021 (68,000) and the third consecutive monthly decline since March 2023.

In July, there were 139,200 open jobs in the health and social support sectors, which represented roughly 1 in 5 (19.9%) of all job openings across all industries. This represents a little change from the previous month.

Highest Job Vacancy Sectors in Canada

Sector/IndustryJob VacanciesJob Vacancy
Health care and social assistance139,2005.7%
Retail trade73,1003.5%
Educational services19,5001.3%
Accommodation and food services79,5005.7%
Professional, scientific and technical services41,4003.3%
Administrative and support, waste management and remediation services43,2004.9%
Finance and insurance21,3002.5%
Transportation and warehousing37,9004.4%
Wholesale trade28,5003.3%
Other services (excluding public administration)32,0005.4%
Public administration{4}15,8002.8%
Information and cultural industries9,5002.5%
Arts, entertainment and recreation11,6003.6%
Real estate and rental and leasing9,7003.2%
Agriculture, forestry, fishing and hunting10,1004.1%
Mining, quarrying, and oil and gas extraction7,6003.5%
Management of companies and enterprises2,2001.7%
Sector-wise job vacancy data

Province-Wise Job Vacancies

Provinces and territoriesJuly 2023
Job Vacancies
July 2023 Job
Vacancy rate
British Columbia109,2004.3%
Nova Scotia17,1003.9%
New Brunswick11,5003.2%
Newfoundland and Labrador7,4003.6%
Prince Edward Island2,9003.9%
Job Vacancies July 2023

Average Weekly Earnings in Canada Continues To Increase

Average weekly earnings increased by 0.8% (to $1,215) in July compared to a 0.4% monthly increase in May and June.

The two industries with the biggest gains in July were construction (+1.6% to $1,509) and public administration (+1.9% to $1,553).

July had a 4.3% year-over-year increase in average weekly earnings, which had increased by 3.7% in June.

Generally speaking, an increase in the average weekly pay can be attributed to a variety of variables, such as shifts in hours worked, job composition, and wage levels.

Provinces and territoriesJuly 2023June 2023July 2022June to July 2023 % changeJuly 2022 to July 2023 %change
Northwest Territories1593.031601.511542.77-0.53.3
British Columbia1230.441205.241162.262.15.9
Newfoundland and Labrador1204.531205.601148.34-0.14.9
New Brunswick1102.901091.821070.831.03.0
Nova Scotia1068.361070.351027.25-0.24.0
Prince Edward Island1019.61999.88979.692.04.1
Average Weekly Earnings in Canada

How high is the unemployment rate in Canada?

Canada has the unemployment rate of 5.5% as of August 2023 after increasing by 0.5 percentage points from April to July.


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new job vacancies data