Employment in Canada continues to rise in November 2022 due to strong hiring and increased payrolls. Employee payrolls rose in November 2022 across 10 of 15 industries, which is a sign that hiring conditions have improved and that Canada is returning to its economic output before COVID.
The number of available positions decreased in several industries due to an impending labor shortage due to better recruitment capabilities. As a result of increased employment in the public administration, finance, and insurance sectors, as well as professional scientific and technical services, the retail trade sector saw a decline of approximately 7,100 workers.
A total of 850,300 positions were open nationwide in November 2022, representing a decrease of 20,700 positions. 151,900 fewer positions have been posted since May 2022, when there were 1 million postings. In other words, economic output is continuing to recover from the last pandemic.
A rise in payroll employment indicates (specifically) that businesses are hiring more workers and need more workers, a barometer of economic growth since more people are contributing to the economy through higher employment. Hence, recently immigrated immigrants may benefit from understanding which industries are growing payrolls and identifying the types of organizations in Canada that are expanding their workforces.
As a result of the November payroll employment gains, the following sectors led the way:
- A total of 5,600 new jobs have been created in professional scientific and technical services.
- A total of 4,800 positions have been added to the public administration.
- 4,700 jobs in finance and insurance.
- Construction has created 4,300 new jobs.
Employment in Canada continues to rise due to strong hiring – Vacancies that persist
A number of open positions are still available across a wide range of industries in Canada despite a significant increase in payroll employment in November 2022.
As a result of the high number of positions available, finding additional healthcare workers remains a recurring problem for Canada. 131,800 vacancies exist in the health and social assistance sectors. Furthermore, the Canadian government has taken steps to streamline the accreditation process for foreign-educated healthcare professionals and lower immigration barriers for physicians, reflecting the need for workers in the area. Although job openings in the sector decreased by 19,300 from March 2020 to April 2020, the total number of positions remains elevated.
A look at the vacancies in the construction industry (79,000 open positions) provides an interesting perspective on the current job market. Even though this industry generated significant payroll employment gains in November, there remains a large number of unfilled positions. Increasing corporate output as well as the need for workers in the area can be the reason for this trend. As the Canadian economy recovers, there will be a persistent need for workers, especially in the construction sector, as the number of openings in November 2021 remained essentially the same (73,900). This is a clear example of the economic value of non-status construction workers as demonstrated by attempts like Canada’s recent pledge to assist them.
The Benefits of Immigration for Canada’s Professional, Scientific, and Technical Services Sector
Services – professionals, scientists, and technicians (52,000 vacancies): Like construction, this sector has seen solid growth in payroll employment, but job openings remain high. Once again, this indicates that this sector in Canada is hiring and is in need of workers. According to current data, employment has increased in the sector since October 2020. Considering many open positions, Canada’s ongoing demand for these individuals is clear.
The demographics of Canada prevent filling such positions, which will require immigration to alleviate these labor shortages. As a result of Bill C-19, the Honorable Sean Fraser will be able to group candidates in the federal Express Entry pool according to factors such as occupations, education, or language proficiency (possibly based on occupations, educational backgrounds, or language proficiency). Candidates who meet these criteria will receive ITAs in order to meet Canada’s economic and social requirements. Most likely, these drawings will feature professions with open positions.
