There’s a mix of indicators that give us some insight into the condition of the job or labour market in our economy. One is the Employment Survey – we often call it the unemployment rate measure – and another is based on vacancies. The number of jobs going unfilled provides an indicator of how employers are creating or eliminating jobs and the talent available to fill any openings.
The latest vacancy rating we have is from the first quarter of the year so it is a bit behind the job numbers….nonetheless, it gives us a hint about which direction things are going. And this report says employers were adding jobs compared the last quarter of 2017.
There were 11-percent more job vacancies in Q1. That suggests new positions being created and the big expansion was in construction followed by transportation and warehousing. Professional and Scientific positions also jumped while administration positions and the wholesale sector saw vacancies decline. In these fields it meant they were finding workers to fill spots.
And for the first tie we had a region on the top 10 list of areas with the fewest vacancies….that was Yorkton-Melville which stood at #6 in Canada.